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Russian Prosecutor General’s Office Files Lawsuit Against Shell Entities

A Shell logo is seen at a petrol station in London, Tuesday, March 8, 2022.A Shell logo is seen at a petrol station in London, Tuesday, March 8, 2022. - Sputnik International, 1920, 04.10.2024

MOSCOW (Sputnik) – The Russian Prosecutor General’s Office has filed a lawsuit against entities of UK–Dutch energy giant Shell, according to the arbitration case database of the Moscow Commercial Arbitration Court. According to the lawsuit, Shell Global Solutions International B.V., Shell Exploration And Production Services B.V., Shell International Exploration And Production B.V., Shell Sakhalin Services B.V., Shell Sakhalin Holdings B.V., UK-based Shell entities, Shell Energy Europe Ltd and Russia’s Shell Neftegaz Development LLC are defendants. As third parties, the plaintiff requested to involve Gazprom Export LLC, the Russian Energy Ministry, Sakhalin Energy LLC, Sakhalin Energy Investment Co. Ltd and the government of Russia’s Sakhalin Region. It is not specified what relief the plaintiff is seeking or what the subject matter of the dispute is. The lawsuit was filed on Wednesday. A worker of Russian gas and oil giant Gazprom works on February 18, 2015 in Novoprtovskoye oil and gas condensates oilfield at Cape Kamenny in the Gulf of Ob shore line in the south-east of a peninsular in the Yamalo-Nenets Autonomous District, 250 km north of the town of Nadym, northern Russia - Sputnik International, 1920, 28.08.2024RussiaRussia Remains World’s Largest Gas Exporter in 2023 – IGU28 August, 00:45 GMTShell was involved in the Sakhalin-2 project, but in February 2022 the company announced its intention to exit its joint ventures with Russia’s Gazprom and related entities, including its 27.5% stake in the Sakhalin-2 liquefied natural gas facility, and 50% stake in the Salym Petroleum Development and the Gydan Energy venture. In June 2022, Russian President Vladimir Putin signed a decree allowing Russia to take charge of Sakhalin-2 due to Western sanctions imposed on Russia. Sakhalin Energy LLC launched its operations on August 19, 2022. In 2024, Russia approved the sale of a 27.5% stake, previously owned by Shell company, in the new operator of the Sakhalin LNG plant to a unit of state-owned Gazprom.

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