
Putin Clears TotalEnergies Arctic LNG 2 Exit
TotalEnergies has received Russian approval to sell its 10% stake in Arctic LNG 2 to NordLine LLC, enabling an exit from the U.S.-sanctioned Russian LNG export project.

TotalEnergies has received Russian approval to sell its 10% stake in Arctic LNG 2 to NordLine LLC, enabling an exit from the U.S.-sanctioned Russian LNG export project.

Russia has closed its 2025 Northern Sea Route season after exporting nearly 3 million tonnes of LNG to Asia during the summer and autumn shipping window.

The European Union has lifted sanctions on Red Box Energy Services’ Polar Class heavy-lift vessels Audax and Pugnax, previously tied to Russian Arctic LNG construction, gCaptain reported.
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