Head of Alaska gas project resigns over Novatek's hidden influence
Published
The chief executive of an Alaska gas terminal project has announced his resignation. As The New York Times and Financial Times report, he stepped down after learning about hidden financing of the project and the actual control exercised by the Russian company Novatek.
According to these publications, the project is linked to an American gas company that is building a liquefied natural gas terminal in Alaska. Information about the hidden financing and Novatek's real influence became known to the project's management. Details remain limited, so the precise details of how exactly the Russian company was involved in the project remain unclear.
Novatek is one of Russia's largest producers of natural gas. The company works in the production, processing and sale of gas, including liquefied natural gas (LNG). Because of the sanctions imposed against Russia in recent years, any participation of Russian companies in American energy projects draws particular attention from authorities and investors.
The case has drawn the attention of journalists and energy specialists. No further decisions that the company or US authorities may take have been reported so far. Readers are advised to follow new publications, as additional details may emerge in the near future.
Sources: DW.com
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