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Statement on Gazprom’s Takeover of Sakhalin 2

The Kremlin has once again used legal pretexts to cover what is essentially an expropriation of private resources in the energy sector. No one should be surprised that this is the result of the environmental review of Shell’s project. Extortion is not permissible as a method of acquisition. The Kremlin ought to cease this behavior if it wishes downstream asset acquisitions in Europe to be welcomed.