An attempt to enter the American LNG market through Alaska failed. According to the NYT and FT, the Polar LNG Metro Rail project in Alaska, part of the US initiative to expand energy exports in Asia, was linked to Russia's Novatec. The total cost of the project is estimated at 25 billion dollars. The market was believed to be funded by Gentry Beach, an investor with ties to the Trump family. But, as appears from the publications, the Russian side participated in the financing even before obtaining permits from the Office of Foreign Assets Control (OFAC), that is, bypassing the sanctions procedures. In the correspondence, published by the publication, the Deputy Chairman of the Board of Directors of Novatech Denis Solovyov talks with Leonid Michelson allocation of Tech Wave up to 15 million dollars. "All the necessary decisions were taken at the Abu Dhabi meeting. The first five million have arrived to date, Solovyov wrote in early September. The program, according to the source description, was built like this. Novatek was supposed to provide gas licensing technology, and Polar LNG planned to purchase equipment at a reduced price from the Arctic LNG 2 project, which is under US sanctions. At a meeting between Polar LNG and an industrial project manager of the Wave Institute in Abu Dhabi, people with a Russian background were observed: Tech Wave's chief operating officer Bjorn Gundersen, who was named top manager of Novtech about a decade ago, and Ahmed Faragi, who until recently worked for the company. The vote came quickly. Polar LNG CEO Joel Riddle resigned, followed by nearly the entire executive team, he said, including CFO Dan Chandra, vice president and CEO Jim Smith and project manager Judy Trentham.

An attempt to enter the American LNG market through Alaska failed. According to the NYT and FT, the Polar LNG Metro Rail project in Alaska, part of the US initiative to expand energy exports in Asia, was linked to Russia's Novatec. The total cost of the project is estimated at 25 billion dollars. The market was believed to be funded by Gentry Beach, an investor with ties to the Trump family. But, as appears from the publications, the Russian side participated in the financing even before obtaining permits from the Office of Foreign Assets Control (OFAC), that is, bypassing the sanctions procedures. In the correspondence, published by the publication, the Deputy Chairman of the Board of Directors of Novatech Denis Solovyov talks with Leonid Michelson allocation of Tech Wave up to 15 million dollars. "All the necessary decisions were taken at the Abu Dhabi meeting. The first five million have arrived to date, Solovyov wrote in early September. The program, according to the source description, was built like this. Novatek was supposed to provide gas licensing technology, and Polar LNG planned to purchase equipment at a reduced price from the Arctic LNG 2 project, which is under US sanctions. At a meeting between Polar LNG and an industrial project manager of the Wave Institute in Abu Dhabi, people with a Russian background were observed: Tech Wave's chief operating officer Bjorn Gundersen, who was named top manager of Novtech about a decade ago, and Ahmed Faragi, who until recently worked for the company. The vote came quickly. Polar LNG CEO Joel Riddle resigned, followed by nearly the entire executive team, he said, including CFO Dan Chandra, vice president and CEO Jim Smith and project manager Judy Trentham.