It’s been over a year since oil and gas company Shell announced plans to stop trading with Russia in light of its invasion of Ukraine.

But the British company accounted for almost an eighth of Russia’s gas exports via shipping in 2022, according to an analysis by the international NGO Global Witness, the BBC reports.

Oleg Ustenko, an advisor to Ukrainian President Volodymyr Zelensky, accuses the company of taking ”blood money”.

According to the BBC, Shell itself says that the transactions are due to ”long-term contractual commitments” and do not violate any laws or sanctions.

As recently as May 9, a tanker was able to transport over 160,000 cubic meters of liquefied gas from the port of Sabetta, located on Russia’s northern coast.

According to the BBC, the cargo was purchased by Shell before being sent on to its destination in Hong Kong.

”There is a dilemma between putting pressure on the Russian government over its atrocities in Ukraine and ensuring stable, secure energy supplies,” a Shell spokesperson tells the BBC.

”It is for governments to decide on the incredibly difficult trade-offs that must be made.”

It was in March 2022 – a month after Russia’s invasion began – that Shell apologized for buying a cargo of Russian oil.

The company said at the time that it would cease trading in Russian gas and oil, writes the BBC.

According to its annual report, Shell had a turnover of USD 381.3bn in 2022.

At the same time, the company reported a pre-tax profit of USD 64.8bn.

The results were a record high for Europe’s largest energy company, which has a market value of USD 202.4bn.