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.
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