Russia approves sale of TotalEnergies' 10% stake in Arctic LNG 2 project(opens in a new tab)
The Russian President approved a decree to sell a 10% stake in the sanctioned Arctic LNG 2 project, previously held by France's TotalEnergies, to a buyer.
Event
Putin Approves Sale of 10% Stake in US‑Sanctioned Arctic LNG 2 to Novatek’s NordLine
On June 3, President Vladimir Putin signed an executive order allowing French firm TotalEnergies to sell its 10 % stake in the U.S.–sanctioned Arctic LNG 2 project to Novatek’s newly‑established subsidiary NordLine. The move follows a U.S. sanction at the start of production, a $4 bn write‑down by TotalEnergies, and shifts ownership toward Russian control.
Coverage
Google Alert: Arctic The Moscow Times Putin Allows France’s TotalEnergies to Sell Stake in Arctic LNG 2(opens in a new tab)
President Putin's executive order lets French TotalEnergies sell its 10% stake in Arctic LNG 2 to Novatek's subsidiary NordLine, shifting ownership amid U.S. sanctions.
Google Alert: Arctic Putin approves sale of TotalEnergies' 10% stake in Arctic LNG 2(opens in a new tab)
Putin has approved the sale of a 10% stake in the sanctioned Arctic LNG 2 project that is currently owned by France’s TotalEnergies.
Google Alert: Arctic Putin Allows TotalEnergies to Sell 10% Stake in Arctic LNG 2(opens in a new tab)
Russian President Vladimir Putin authorized TotalEnergies SE to sell its 10% stake in the Arctic LNG 2 liquefied natural gas export project, a US‑sanctioned operation.
Google Alert: Arctic Putin approves sale of TotalEnergies' 10% stake in sanctioned Arctic LNG 2 project(opens in a new tab)
Russia's President Vladimir Putin has approved the sale of a 10% stake in the Arctic LNG 2 project, previously held by France's TotalEnergies, indicating a shift in project ownership.
Google Alert: Arctic Putin Allows TotalEnergies to Sell 10% Stake in Arctic LNG 2(opens in a new tab)
Putin approved TotalEnergies SE’s sale of a 10% stake in the US‑sanctioned Arctic LNG 2 project, potentially altering control over the region’s liquefied natural gas exports.
Google Alert: Arctic Putin allows TotalEnergies to sell 10% stake in Arctic LNG 2 to NordLine(opens in a new tab)
Putin authorized TotalEnergies to sell a 10% stake in its Arctic LNG 2 project to NordLine, shifting ownership stakes in the Arctic energy venture.
Google Alert: Arctic Putin Allows TotalEnergies to Sell 10% Stake in Arctic LNG 2(opens in a new tab)
Russia’s president authorized a 10% stake sale of the Arctic LNG 2 project from TotalEnergies to NordLine, reshaping control over the region’s liquefied natural gas operations.
Bloomberg News Putin Allows TotalEnergies to Sell 10% Stake in Arctic LNG 2(opens in a new tab)
Putin authorized NordLine to buy a 10% stake in the Arctic LNG 2 project from TotalEnergies, expanding Russian control over the region's LNG infrastructure.
