Ukraine Gas Executive Calls on Halliburton, Peers to Quit Russia
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The drilling chief at Ukraine’s state-owned natural gas company urged Halliburton Co. and other oilfield contractors to cease operations in Russia to help starve that nation’s military of cash.
Russian President Vladimir Putin’s war machine is funded by proceeds from oil and gas exports, Oleg Tolmachev, head of production at Naftogaz, wrote in an open letter on Monday. Tolmachev, who was writing in his individual capacity and not on behalf of his employer, went to work for Naftogaz 13 months ago after more than two decades in U.S. shale fields.