Arctic LNG 2 exit costs TotalEnergies $4 billion

New European sanctions mean additional execution risks for Russian liquefied natural gas project

Operations: a winterised drilling rig spudding an exploration well on the Salmanovskoye gas field under the Arctic LNG 2 project — Operations: a winterised drilling rig spudding an exploration well on the Salmanovskoye gas field under the Arctic LNG 2 projectPhoto: NOVATEK

Amanda Battersby

Singapore

Russia TotalEnergies Novatek Arctic 2 LNG Europe

Published 28 April 2022, 05:24Updated 28 April 2022, 05:24