Browsing Tag
Yamal LNG
2 posts
TotalEnergies exits Arctic LNG 2 but keeps $1.3bn loan claim subject to sanctions
TotalEnergies has transferred its fully impaired 10% Arctic LNG 2 stake to a Novatek subsidiary, ending its ownership in the sanctioned project while retaining rights to about $1.3 billion of shareholder-loan reimbursement.
Revised Russia sanctions bill targets India and China over Moscow energy purchases
Washington cut its Russia tariff threat from 500% to 100%, but India and China remain exposed. Donald Trump’s waiver may determine the real impact.