TotalEnergies records $4.1 billion impairment over Arctic LNG 2 project
The French company holds a 10 percent stake in the large Russian gas project.
April 28, 2022
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PARIS — TotalEnergies said on Wednesday it had recorded a first-quarter impairment of about $4.1 billion partly related to Arctic LNG 2, a liquefied natural gas development project in the Russian Arctic that has been hit by sanctions against Russia.
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