AFR is reporting that given oil company ownership of Russian oil and gas assets then sanctions could be costly ... "sanctions could create difficulties for Western oil companies with interests in Russia. The list of such assets is extensive. Shell, Europe’s largest oil company, has a stake in a liquefied natural gas project on Sakhalin Island off eastern Russia. Exxon Mobil is a partner in an oil facility in the same area. TotalEnergies, a French giant, participates in a liquefied natural gas operation in the Russian Arctic. BP has a nearly 20% share in Rosneft, Russia’s national oil company."
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