Michelson announced TotalEnergies plan to distribute Mimal LNG in markets outside the EU.

Michelson announced TotalEnergies plan to distribute Mimal LNG in markets outside the EU.

TotalEnergies, as one of the participants in the Russian Yamal LNG project, is determined to receive products from the plant and distribute them to markets outside Europe after 2027, when the ban on Russian LNG supplies to the European Union comes into effect, NOVATEK head Leonid Mikhelson told Interfax on the sidelines of the 19th Verona Eurasia Economic Forum. "Total really wants to take everything and sell it," he emphasized. "It's allowed on the 21st." Package (EU Sanctions - IF): According to existing long-term agreements, European companies are allowed to sell our products," Michelson explained. "Yamal LNG" is a joint venture of NOVATEK (50.1%), French TotalEnergies (20%) and Chinese CNPC (20%) and SRF (9.9%).