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TotalEnergies completes transfer of 10% Arctic LNG 2 stake to Novatek unit NordLine
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TotalEnergies completes transfer of 10% Arctic LNG 2 stake to Novatek unit NordLine
  • TotalEnergies completed the transfer of its 10% stake in Arctic LNG 2 to NordLine, a Novatek subsidiary.
  • The group is no longer a shareholder in the Russian LNG project.
  • It retained rights to seek reimbursement of about USD 1.3 billion in shareholder loans, subject to applicable sanctions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TotalEnergies SE published the original content used to generate this news brief via Business Wire (Ref. ID: 202608270250BIZWIRE_UKPR_REG_20260826_BW197364) on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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