Future Of British Business
Shell Withdraws Staff From Russia Projects as Exit Plan Begins
- Dozens of employees on assignment left Sakhalin-2 LNG project
- Energy giant previously said it would exit Russia ventures
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Shell Plc started to withdraw staff from its joint ventures with Russia’s Gazprom PJSC as it moves forward with plans to exit investments in response to the war in Ukraine.
Dozens of Shell employees on temporary assignment at the Sakhalin-2 liquefied natural gas export project in Russia were removed over the weekend to be relocated back to other offices, according to people with knowledge of the matter. Operations at the facility are unlikely to be affected by the move, the people said, requesting anonymity to discuss private details.