Total Eyes $1.3 Billion Loan Repayment as It Exits Arctic LNG 2

🇷🇺 Bloomberg (RU) —

AI Summary

TotalEnergies SE plans to recover approximately $1.3 billion in loans as it exits the Arctic LNG 2 project in Russia. This move comes amid US sanctions on the liquefied natural gas venture, signaling a strategic withdrawal from the project.

TotalEnergies SE said it may be reimbursed about $1.3 billion for loans to the Arctic LNG 2 project as it completed its exit from the US-sanctioned liquefied natural gas venture in Russia.

World Politics Markets Deals Energy TotalEnergies Arctic LNG 2 loan repayment Russia sanctions LNG energy

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