TotalEnergies Completes Exit From Russia’s Arctic LNG 2 Project
TotalEnergies has finalized the transfer of its 10 percent stake in Russia’s sanctioned Arctic LNG 2 project, marking a significant step in its broader strategy to reduce exposure to Russian energy assets. The move aligns with international sanctions and positions the company to redirect capital toward other global ventures.
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TotalEnergies reduces its exposure to Russian gas but does not entirely withdraw
The French energy titan has sold its stake in the Arctic LNG 2 project but remains a shareholder in the Russian group Novatek and in the Yamal LNG liquefaction plant, located in Siberia.
Read full article →TotalEnergies Exits Russia’s Sanctioned Arctic LNG 2 Project
Read full article →TotalEnergies Exits Arctic LNG 2 Project
The French energy company transferred its 10% stake in the project to a subsidiary of Novatek.
Read full article →TotalEnergies completes transfer of its 10% interest in Arctic LNG 2
As mentioned on the occasion of the presentation of the 2nd Quarter 2026 Results, TotalEnergies confirms that the transfer of its 10% interest in Arctic LNG 2 to NordLine (a Novatek subsidiary) has been completed. TotalEnergies is therefore no longer a shareholder in Arctic LNG 2.
Read full article →TotalEnergies exits Russian Arctic LNG project - CLUB OF MOZAMBIQUE
TotalEnergies exits Russian Arctic LNG project CLUB OF MOZAMBIQUE
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