TotalEnergies completes transfer of 10% Arctic LNG 2 stake to Novatek unit NordLine - TTE News | RalliesTotalEnergies completes transfer of 10% Arctic LNG 2 stake to Novatek unit NordLine
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TTE• Transfer of Arctic LNG 2 stake completed
- TotalEnergies completed the transfer of its 10% stake in Arctic LNG 2 to NordLine, a Novatek subsidiary.
- The group is no longer a shareholder in the Russian LNG project.
- It retained rights to seek reimbursement of about USD 1.3 billion in shareholder loans, subject to applicable sanctions.
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