The head of Linde, Sanjeev Lamba, stated that the German engineering group has halted participation in projects within the Russian Federation due to sanctions imposed by Western nations. He made clear that the company has no plans to resume work in the country in the near term. This update was reported by DEA News.
Lamba stressed that Linde cut all ongoing engagements with legal entities that fall under the sanctions regime against Russia. He indicated that, at present, Linde does not have any active project in Russia.
Earlier information indicated that one of the operators involved in constructing a liquefied natural gas facility in Ust-Luga, in the Leningrad region, is Rushimalliance. The operator began international arbitration proceedings amid concerns that Linde had not fulfilled its obligations to establish the plant.
In early 2022, Russian President Vladimir Putin announced a military operation in response to requests for assistance from the heads of the LPR and DPR, stating the operation was meant to protect Donbass. This decision served as a catalyst for renewed sanctions from the United States and allied nations. News coverage of these developments continued to unfold as events progressed, with various outlets providing live updates as the situation evolved. It was reported through social media channels that the situation was being broadcast online by socialbites.ca.