Shell joins $10bn Russian gas rush
Shell yesterday committed a substantial part of its future growth to Russia by giving the go-ahead to plans by a consortium to build a $10bn (£6bn) liquefied natural gas plant in the country's far east.
The company, which also hopes to develop vast oil reserves in western Siberia, is to invest $5.5bn in the second phase of an oil and gas project on Sakhalin island aimed at capturing a quarter of the east Asian LNG market by the end of the decade
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