Putin Approves TotalEnergies' Sale of Stake in Arctic LNG 2

Russian President Vladimir Putin has authorized French energy company TotalEnergies (TTE:NYSE) to sell its 10% stake in the U.S.-sanctioned Arctic LNG 2 project to Nordline LLC. This rare approval allows TotalEnergies to exit a venture that had been impacted by sanctions.

By Carl Surran, SA News Editor · Seeking Alpha ·

Putin Approves TotalEnergies' Sale of Stake in Arctic LNG 2

Tickers: $TTE

Topics: Arctic LNG 2 Russia TotalEnergies U.S. sanctions

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