France’s TotalEnergies acquires a stake in Novatek’s Arctic LNG trans-shipping company
The company also holds minority stakes in Novatek's Yamal LNG and Arctic LNG 2 projects.
The French supermajor oil company TotalEnergies said last week that it signed an agreement with Novatek to acquire 10 percent of Arctic Transshipment LLC, a wholly-owned subsidiary of Novatek that will operate two LNG transshipment complexes currently under construction in the Kamchatka and Murmansk regions.
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