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Shell to exit Baltic LNG project
April 11, 2019

Shell to exit Baltic LNG project

Energy major, Royal Dutch Shell has decided to leave a Baltic LNG project which is led by Russia's Gazprom. This will pose a challenge for the Russian state gas major to take forward this project with limited access to Shell's technology and no funds from the Anglo-Dutch company. Shell has taken this decision after witnessing the struggle of Western firms to expand because of the pressure of US sanctions.

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