Page 1 - FSUOGM Week 09 2022
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Issue 1166 02•March•2022 Week 09
IOC exodus begins
International oil companies have started announcing plans to withdraw from
Russia in light of its invasion of Ukraine.
German energy U-turn
Germany's government has announced a U-turn in its energy policy, saying it
will build LNG terminals and Nord Stream 2's end seems likely.
Nord Stream 2 insolvent
The Nord Stream 2 operating company has been declared insolvent after US
sanctions and.
Italy's contingency plans
Italy is making contingency plans in the event of a Russian supply disruption
and wants to wean itself off Gazprom's volumes.