TotalEnergies to exit Arctic LNG 2 plant in Russia, CEO says(opens in a new tab)
French oil major TotalEnergies has decided to sell its stake in the Russian Arctic LNG 2 liquefied natural gas project, as confirmed by CEO Patrick Pouyanne.
French oil major TotalEnergies will sell its stake in Russia’s Arctic LNG 2 liquefied natural gas plant located in the high‑north region, as confirmed by CEO Patrick Pouyanne on Thursday. The divestment could affect Russia's LNG output and alter investment patterns in the Arctic energy sector.
French oil major TotalEnergies has decided to sell its stake in the Russian Arctic LNG 2 liquefied natural gas project, as confirmed by CEO Patrick Pouyanne.
TotalEnergies announced it will divest its stake in Russia’s Arctic LNG 2 liquefied natural gas plant, a move that could alter the project’s funding and Russia’s Arctic gas exports.