TotalEnergies transfer its 10% interest in Arctic LNG 2
Published by Jessica Casey,
Editor
LNG Industry,
As mentioned on the occasion of the presentation of the 2Q26 Results, TotalEnergies confirms that the transfer of its 10% interest in Arctic LNG 2 to NordLine (a Novatek subsidiary) has been completed. TotalEnergies is therefore no longer a shareholder in Arctic LNG 2.
As part of the transfer agreement, TotalEnergies retains its rights to be reimbursed by Arctic LNG 2 for its share of the loans provided by the shareholders to the project, for an amount of around US$ 1.3 billion. Such reimbursement might be implemented in the future subject to applicable sanctions.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/27082026/totalenergies-transfer-its-10-interest-in-arctic-lng-2/
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