Moscow Pursues Damages from Shell

MOSCOW (Reuters) – The Russian General Prosecutor's office is pursuing over 1 billion euros ($1.09 billion) in damages from Shell, according to RIA news agency.

Earlier this month, Russia's Prosecutor General filed a lawsuit against eight units of Shell, which exited Russia following the onset of the military conflict with Ukraine in February 2022. The defendants include:

• Shell plc
• Shell Energy Europe Limited
• Shell Global Solutions International B.V.
• Shell International Exploration & Production B.V.
• Shell Neftegaz Development
• Shell Exploration & Production Services B.V.
• Shell Sakhalin Services B.V.
• Shell Sakhalin Holdings B.V.

Shell previously held a stake in a liquefied natural gas-producing plant in Sakhalin, which is now controlled by Gazprom due to Western sanctions after Shell withdrew.

A hearing is set for December 11, and Shell has not yet commented on the lawsuit.

($1 = 0.9163 euros)