France’s TotalEnergies said on Wednesday it would book a $4.1 billion impairment charge on Novatek’s Arctic LNG 2 export project under construction in Russia. TotalEnergies holds a 10 percent stake in the 19.8 mtpa Arctic LNG 2 development, as well as a 20 percent in Novatek’s Yamal LNG project and a 19.4 percent interest in Novatek. In March, TotalEnergies […]| LNG Prime
French energy giant TotalEnergies said it would take a $3.7 billion hit in its fourth-quarter results for the write-down of its stake in Russian LNG producer Novatek.| LNG Prime
French energy giant TotalEnergies has initiated a force majeure process on the Novatek-operated Arctic LNG 2 project in Russia due to sanctions.| LNG Prime