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Russia: Government authorises the sale of Shell's share in Sakhalin Energy to Gazprom's subsidiary

Description

On 23 March 2024, the government of Russia issued Decree No. 701-р, authorising Shell to sell its 27.5% share in the Sakhalin-2 operator (Sakhalin Energy) to Sakhalin Project LLC (Gazprom's subsidiary...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

23 Mar 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Products

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