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US LNG Project Developer Funded by Russia’s Novatek, FT Says

Source: Bloomberg

Sanctions & Export ControlsEnergy Markets & PricesTrade Policy & Supply Chain

The Financial Times reported that Russia-based Novatek PJSC, an energy company subject to U.S. sanctions, provided financing to a developer of a liquefied natural gas facility in Alaska. The report did not specify the financing amount, timing, or any resulting project or market impact.

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