Putin clears deals with Rosneft and Shell's joint-venture stake in Caspian Pipeline Consortium
Core Insights - Russian President Vladimir Putin has issued a decree that facilitates potential deals involving Rosneft and Shell's joint-venture stake in the Caspian Pipeline Consortium, which primarily exports oil from Kazakhstan [1] Group 1 - The decree aims to streamline the process for Rosneft and Shell to engage in transactions related to their interests in the Caspian Pipeline Consortium [1] - The Caspian Pipeline Consortium is significant as it plays a crucial role in exporting oil from Kazakhstan, highlighting its importance in the regional oil supply chain [1]