Despite multi-layered international sanctions on Russia following its 24 February 2022 invasion of Ukraine, President Vladimir Putin’s ‘special energy project’ – developing the country’s massive gas and oil resources in the Arctic – took a major step forward last week as it was confirmed that the flagship Arctic LNG 2 will begin operations before the end of this year.
Over and above the significance of Russia being able to complete such a financially and technologically challenging project despite swingeing sanctions…Russia’s Answer To The U.S. Shale Boom Takes A Huge Step Forward
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