In U.S. Gas Talks With Kremlin, Hidden Financing for Alaska Project Emerges
- On Friday, The New York Times reported that Polar LNG, an Alaska-based startup, received secret financing from Russian energy giant Novatek, prompting the company's chief executive and other executives to resign last month.
- Text messages reveal Novatek executives discussed sending $15 million to Tech Wave, Polar LNG's parent company, despite Novatek being under partial U.S. sanctions.
- Former chief executive Joel Riddle warned the Trump administration about the financing, calling it "not in the U.S. interest," though Polar LNG labeled him a "disgruntled former employee."
- President Donald Trump waived Russia sanctions last week to keep peace talks alive, as Russian President Vladimir Putin reportedly discussed the project last month with Trump envoys Steve Witkoff and Jared Kushner.
- Memos from law firm Baker Botts flagged "potential Russia-related sanctions concerns," while Treasury Department enforcers stated they take potential violations "extremely seriously.
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Joel Riddle, former director general of the American Polar Train project, accused Russian energy giant Novatek of secretly exercising control over the company that builds an important facility...
THE board of the American gas project Polar Train LNG has resigned amid allegations that the Russian company Novatek, despite sanctions, is secretly financing and controlling the gas terminal project in Alaska.
During secret negotiations between the United States and the Kremlin to end the war in Ukraine, a sensitive and explosive dossier has come to light. The multi-billion dollar Polar LNG project, intended to boost American energy exports in Alaska, turns out to have been secretly financed by the Russian energy giant Novatek. CEO Joel Riddle and the entire management resigned out of fear of violating American sanctions.
NYT: Kremlin Is Secretly Funding Alaska Energy Project
The New York Times reports: At first blush, the proposed venture looks like it would further the Trump administration’s goal of global “energy dominance.” An American energy company intends to buy Russian technology and use it to access a massive supply of natural gas in Alaska, liquefy it and export it to allies abroad. The … The post NYT: Kremlin Is Secretly Funding Alaska Energy Project appeared first on Joe.My.God..
NOVATEK agreed to grant Abu Dhabi-based Tech Wave Industrial Projects Management the right to use its technologies in Alaska, and also signed a memorandum of understanding with Polar Train in April
The company told the Financial Times.The company’s comment was published in an article about Polar Train’s LNG project, which is engaged in building a gas export terminal in Alaska. The project is being implemented “as part...
Former CEO of the United States company Paul Train LNG Joel Riddle resigned after he learned that...
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