What did Shell swallow?
Two things to watch out for when countries get take over business operations. One, inefficiency. Government-run companies tend to be very bad at getting things done. Two, the business becomes a means to advance political interests. As Russia learns more and more about the influence of oil, it is this latter point that seems to be the most at work in the latest Sakhalin developments. Well, at least Shell didn't have to swallow any polonium ... at least as far as we know.
Shell gives up Sakhalin stake
Posted by Allen Wastler 9:35 AM 0 Comments comment | Add a Comment

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