Reuters reveals Shell in talks with Indian consortium to sell Russian LNG plant stake - Reuters News Agency
Energy

Reuters reveals Shell in talks with Indian consortium to sell Russian LNG plant stake

Reuters was the first to report that Shell is in talks with a consortium of Indian energy companies to sell its stake in a major liquefied natural gas plant in Russia, highlighting India’s willingness to step into the space left by Western companies following Moscow’s invasion of Ukraine. The world’s third-largest oil importer and consumer has already stepped up purchases of Russian supplies since the conflict began in February, taking advantage of big discounts at a time when global oil prices have surged.  

Article Tags
Topics of Interest: Energy
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Asia
Countries: India
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
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