The Russian General Prosecutor’s Office is reportedly seeking over €1 billion ($1.09 billion) in damages from Shell, as indicated by the RIA news agency.
According to the Moscow Arbitration Court, the lawsuit targets eight subsidiaries of the international energy giant, which withdrew from Russia following the onset of the conflict in Ukraine in February 2022.
The court’s website lists the defendants as 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., and Shell Sakhalin Holdings B.V.
Shell previously held a stake in a liquefied natural gas facility located on the Pacific island of Sakhalin, which is now under the control of Kremlin-backed Gazprom.
In light of sanctions imposed by the West after Shell’s exit from Russia, Moscow has taken steps to reinforce its control over the plant.
A hearing for this case is set to take place on December 11. Shell has yet to issue a comment regarding the lawsuit.
Source-usnews
