Legal Wrangle: Russia Targets Shell Units in Major Lawsuit

Russia's Prosecutor General has initiated legal action against Shell's units, with the case filed in Moscow's Arbitration Court. Triggered by Gazprom Export and others, the lawsuit follows Shell's exit from major Russian energy projects due to geopolitical tensions. No comment from Shell on this significant development.

In a significant legal move, Russia's Prosecutor General has filed a lawsuit against units of energy giant Shell, documents revealed on Friday.

The lawsuit, submitted to Moscow's Arbitration Court, targets eight Shell divisions and involves multiple Russian entities, including Gazprom Export and the Sakhalin regional authorities. The case emerges in the context of heightened geopolitical tensions and ongoing repercussions from Shell's withdrawal from Russian projects.

Previously, Shell participated in substantial initiatives like the Sakhalin liquefied natural gas plant. However, following Russia's military actions in Ukraine and subsequent Western sanctions, Shell exited these endeavors. The company has declined to comment on the current legal proceedings.

(With inputs from agencies.)