TotalEnergies to exit Arctic LNG 2 plant in Russia, CEO says
TTE•TotalEnergies to exit Arctic LNG 2 stake
PARIS, July 23 - French oil major TotalEnergies TTEF.PA will exit its stake in the Arctic LNG 2 plant in Russia, CEO Patrick Pouyanne said on Thursday.
The transfer of Total's 10% stake to Nordline, a subsidiary of the plant's majority owner Novatek, will be completed in the short term, he told analysts on a second-quarter results call.
