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Total Energies is gradually withdrawing from its Russian business. (Image: Novatek)
Paris (energate) - The French energy company Total Energie has announced a gradual exit from the multi-billion dollar LNG project Arctic LNG 2. For the first quarter, the company has booked a write-down of 4.1 billion US dollars, the company announced. The company took this step due to "technological and financial sanctions against the project under construction" and their likely intensification in the course of the war in Ukraine. The sanctions imposed by the EU on 8 ...
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