France’s Total has acquired a stake in Novatek’s Arctic LNG 2 project

ANALYSIS: The French company already has a stake in Novatek's existing Arctic LNG project. The move double's down on the two companies' partnership in the region.

By Malte Humpert, High North News May 28, 2018
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French energy company Total has secured a 10 percent direct stake in Novatek’s Arctic LNG 2 project, further expanding the two companies’ cooperation in natural gas production in the Arctic.

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