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Ukraine Latest: Kyiv Lauds Isle Retake; Putin Shifts Gas Plant

A Finnish Army Arrow 22 training exercise, in Niinisalo, Finland.

A Finnish Army Arrow 22 training exercise, in Niinisalo, Finland.

Photographer: Roni Rekomaa/Bloomberg
Updated on

Ukrainian President Volodymyr Zelenskiy used his nightly address to praise the departure of Russian forces from Snake Island in the Black Sea, but signaled difficulties in the Donbas region. Moscow framed the move as a gesture toward facilitating grain exports, but Kyiv says its barrage of missile and artillery was behind the decision. 

Russian President Vladimir Putin signed a decree to transfer rights for the Sakhalin-2 natural gas project to a new Russian company, a move that could force foreign owners including Shell Plc to abandon their investment in the facility. The move could also pressure Japanese trading houses to drop ownership in the plant, or disrupt vital LNG deliveries to the country.