US EditionGentry Beach: Bridging Energy Deals in Challenging Terrains
Gentry Beach signed a deal with Novatek to explore LNG technology on Alaska's North Slope, amid ongoing peace talks and partial US sanctions on Novatek, sources said.
- Last year, Gentry Beach, Dallas-based hedge fund and private equity executive with Trump family ties, signed an LNG deal with Novatek, The New York Times reported.
- Novatek, Russia's largest private gas producer, is subject to partial U.S. sanctions, and U.S. officials said progress depends on approval amid ongoing peace negotiations.
- Negotiations took place last year in Dubai and Europe, where Novatek confirmed discussions on using its liquefaction technology for Alaska's North Slope, and Beach said he expects to announce project leadership soon.
- Any arrangement would require approval from Russian and U.S. authorities and face sanction considerations, while U.S. officials say cooperation depends on a peace agreement between Russia and Ukraine.
- Linking back to the Anchorage summit, the deal could test sanctions and signal renewed Arctic and Alaska LNG development, The New York Times reported.
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Novatek, Russian billionaire Leonid Michaelson, is negotiating the possible use of his technology...
Texas investor Gentry Beach, linked to the Trump family, last fall unpublicly signed an agreement with one of Russia's largest energy companies, Novatec, to develop natural gas in Alaska.
The Straits Times
The Star Kuala LumpurTrump ally ties up with Russia's Novatek on natural gas in Alaska, NYT reports
MOSCOW, Feb 20 - American financier Gentry Beach, who has ties to U.S. President Donald Trump's family, signed an agreement with Russia’s energy giant Novatek last autumn to develop natural gas in Alaska amid Western sanctions against Russia, the New York Times reported on Friday. Read more at straitstimes.com.
U.S. Investor Linked to Trump Signed Gas Deal With Russia’s Novatek – NYT
An American investor with ties to the Trump family signed a liquefied natural gas agreement last year with Russia’s largest private gas producer, Novatek, following a summit in Alaska between President Donald Trump and President Vladimir Putin, The New York Times reported Thursday.
Gentry Beach: Bridging Energy Deals in Challenging Terrains
Gentry Beach, a financier with connections to Donald Trump's family, signed an agreement with Russian energy company Novatek to explore natural gas in Alaska, despite Western sanctions on Russia. The initiative is reportedly linked to efforts to negotiate peace in Ukraine and potentially ease sanctions on Russia.
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