TotalEnergies Completes Exit From Sanctioned Russian LNG Project
French energy giant TotalEnergies has finalized the transfer of its stake in Russia’s Arctic LNG 2 project, complying with international sanctions imposed after the invasion of Ukraine. The company plans to utilize the transaction proceeds to repay approximately $1.3 billion in loans.
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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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