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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.  

The post Reuters reveals Shell in talks with Indian consortium to sell Russian LNG plant stake appeared first on Reuters News Agency.

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