TotalEnergies stays in Russia’s Yamal LNG, source says
The company took a $3.7 billion write-off on its stake in Novatek, but will not exit the Novatek-led natural gas project.
December 9, 2022
1991
French oil giant TotalEnergies is not leaving the Yamal LNG project for now, a source familiar with the matter said on Friday, after the company decided to take a $3.7 billion write-off on its stake in Russia’s Novatek.
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