Posted by John Donovan: 27 March 2024
Well, well, well, folks, gather ’round for another chapter in the thrilling saga of Shell’s misadventures in the land of oil and oligarchs. In this latest installment, the Russian government has decided to play a game of hot potato with Shell’s minority stake in the Sakhalin LNG project, ultimately passing it off to their favorite playmate, state-controlled behemoth Gazprom, for a cool $1 billion.
Now, let’s rewind a bit, shall we? Shell, ever the enterprising multinational, originally held the reins in this project until they found themselves caught up in a web of intrigue involving insider info, espionage, and more drama than a daytime soap opera. And who’s behind this plot twist, you ask? None other than yours truly, providing juicy tidbits to the Russian government back in the day, leading to Shell setting up their very own spy network. Ah, the things we do for love—err, I mean, gas.