US LNG Project Developer Funded by Russia’s Novatek, FT Says - Bloomberg
US LNG Project Developer Funded by Russia’s Novatek, FT Says - Bloomberg
Source: Bloomberg
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DW NOTE
Novatek backing U.S. LNG infrastructure while Washington sanctions Russian energy is the sanctions regime eating itself. The logic was to starve Moscow of export revenue; the result is Russian capital funding the competition that will eventually displace it — once American terminals actually come online and Europe finds the political will to stop buying Yamal cargoes through Asian middlemen.