|Russia-backed Gazprom Enters Sakhalin II Project|
|Topic||Business-to-Business (B2B) Marketing|
|Key Words||Direct foreign investment, planned economies, political and legal environment, nationalism|
|InfoTrac Reference|| A162240905
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After months of pressure from Moscow, Anglo-Dutch oil company Shell has cut its ownership stake in Russia's Sakhalin II liquefied gas scheme, ceding control of the Siberian project to Russian state-owned energy group Gazprom. The pressured handover of energy assets to the Kremlin signals an end to overseas ownership of Russian energy and raises concerns about President Vladimir Putin's willingness to use his country's natural resources as a political weapon.
|Source||"Gazprom Enters Sakhalin II Project," PR Newswire, April 18, 2007 pNA|
|Instructor Discussion Notes|| Discussion
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