French energy giant TotalEnergies has completed the transfer of a 10 percent stake in the Arctic LNG 2 project to a unit of Russian LNG exporter Novatek.
Russian liquefied natural gas (LNG) production rose 10.7 percent in the first six months of this year, according to the Russian statistics agency Rosstat.
French energy giant TotalEnergies expects to complete the sale of a 10 percent stake in the Arctic LNG 2 project to Russian LNG exporter Novatek in the near term, according to TotalEnergies CEO Patrick Pouyanne.