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TotalEnergies Takes Hefty Write-Down on Arctic LNG 2

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AP_17154524606844-Patrick Pouyanne-Russia

TotalEnergies has recorded a first-quarter impairment of about $4.1 billion in connection with the Arctic LNG 2 project being developed by Russian LNG champion Novatek, the French company said Wednesday.

Topics:
Sanctions, LNG Supply
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