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President Putin has Passed a Decree SEIZING OWNERSHIP of the Sakhalin 2 LNG Facility which was constructed by SHELL at a estimated cost of $20 BILLION. The Facility produces 4% of the World's TOTAL LNG and Shell held a 27.5% stake, Mitsui 12.5% and Mitsubishi 10%. This action has been taken after Japan's Prime Minister stated that the G7 is considering a 50% PRICE CAP on Russian Oil. In this video I provide details of the history of the deal, what has happened and the IMPLICATIONS of this for Russia.
For specific details please check out the CHAPTER list below.
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Chapters:
0:00 Intro
1:40 SAKHALIN 2
4:05 SHELL
5:22 RUSSIAN DECREE
6:29 RUSSIAN PRICE CAP
8:35 SUMMARY & CONCLUSION
#UKRAINE
#RUSSIA
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3
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