Russian gas independent sees debt growing as sanctions prevent LNG exports from flagship project

Novatek forced to maintain idle LNG train at flagship project, contributing to 77% debt jump

Executive board chairman of Russian gas independent Novatek, Leonid Mikhelson.
Executive board chairman of Russian gas independent Novatek, Leonid Mikhelson.Photo: SPUTNIK/REUTERS/SCANPIX
Published 24 July 2024, 11:03Updated 24 July 2024, 11:03
RussiaNovatekArctic LNG 2USUkraine Crisis