Japanese shareholders of Sakhalin-2 to discuss Shell’s decision to exit project

On February 28, Royal Dutch Shell announced that it would withdraw from all joint projects with Russia because of developments in Ukraine.
Japan’s Mitsui intends to hold consultations with the government and other stakeholders in respect of the decision taken by Royal Dutch Shell to withdraw from the Sakhalin-2 project, a representative of Mitsui’s press service told TASS.
Mitsubishi, which also holds a stake in the Sakhalin-2, also holds a similar position.
"Details of the Royal Dutch Shell’s decision are not fully clear to us so far," the Mitsui’s spokesperson said. "We will hold consultations with the government, shareholders and other stakeholders," the spokesperson added.
Royal Dutch Shell announced on Monday that it would withdraw from all joint projects with Russia because of developments in Ukraine.




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