Shell, the British multinational energy company, reaffirms its enduring collaboration with Russia's NOVATEK, as indicated in its latest financial report. Maintaining a stake of 27.5 percent in Sakhalin Energy Investment, Shell remains dedicated to its long-standing contract for LNG procurement from NOVATEK. Despite the transfer of management of Sakhalin Energy to a new Russian operator appointed by the president in 2022, key Japanese stakeholders Mitsui & Co. and Mitsubishi remain involved in the project. The agreement between Shell and Sakhalin Energy to supply up to 1 million tons of LNG annually, valid until 2028, underscores the sustained partnership. Notably, the project achieved a milestone in 2023, exporting over 10 million tons of LNG.