France’s TotalEnergies said on Wednesday it would book a $4.1 billion impairment charge on Novatek’s Arctic LNG 2 export project under construction in Russia. TotalEnergies holds a 10 percent stake in the 19.8 mtpa Arctic LNG 2 development, as well as a 20 percent in Novatek’s Yamal LNG project and a 19.4 percent interest in Novatek. In March, TotalEnergies … Continue reading TotalEnergies books $4.1 billion impairment charge on Arctic LNG 2