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Shell: Anti-Russia sanctions in energy sector have no major effect

April 13, 2015, 17:32 UTC+3 BERLIN
Despite the sanctions, Shell keeps its projects in Russia humming, Chairman of Shell Group in Russia Olivier Lazar says
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© EPA/ANDY RAIN

BERLIN, April 13. /TASS/. The anti-Russia sanctions imposed by some Western countries in the energy sector due to crisis in Ukraine, are having no major effect, Chairman of Shell Group in Russia Olivier Lazar said Monday.

"The sanctions in the energy sector did not have a major effect," he said on the sidelines of the conference "Europe and Eurasia: Towards the New Model of Energy Security".

Despite the sanctions, Shell keeps its projects in Russia humming, Lazar said.

"We’re not imposing any sanctions on ourselves, and we are growing in those areas where we can," he added.

 

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