The Anglo-Dutch hydrocarbon giant Shell announced on Monday that it is separating from its stakes in several common projects with the Russian group Gazprom in Russia due to its invasion of Ukraine.
“Our decision to leave was made with conviction,” Shell CEO Ben van Beurden said in a statement to the London Stock Exchange, specifying that the parties involved were worth about $3 billion at the end of 2021, especially as regards the company’s stake in the Sakhaline-2 gas project in the Russian Far East.
On the other hand, the United States prohibited this Monday all transactions with the Russian Central Bank with immediate effect in coordination with several allies, in response to the invasion of Ukraine by Russia, which adopted measures on its side to stop the fall of the ruble. .
Russian President Vladimir Putin on Monday decreed several measures to counter the fall of the ruble, following Western sanctions over the invasion of Ukraine, including a ban on residents transferring currency abroad, the Kremlin announced.
According to a decree published on the Kremlin’s website, residents of Russia will be prohibited from transferring foreign currency from Tuesday.
AFP
