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NOVATEK and the LNG project in Alaska: the Western media announced possible Russian traces The New York Times and the Financial Times published investigations about NOVATEK's possible participation in the Polar LNG project - the establishment of a liquefied natural gas plant in Alaska. The company denies the allegations of fraud and says it considers technology transfer a separate project. How did the scandal start? The former head of the operator of the Polar Train LNG project, D. Hida, said he was misled about the sources of funding. According to his version, NOVATEK may be officially behind the Emirati structures, which not only financed the project, but could also secretly influence its management. According to media reports: NOVATEK can discuss the allocation of up to 15 million dollars to Wave Technology to finance Polar LNG; The Russian company can get a minority stake in the project; For the plant it was planned to use NOVATEK technologies used in Arctic LNG-2; Polar Train LNG's management left the company amid fears of a possible violation of American sanctions. Polar LNG said it fired Riedel for cause and conducted a review. T Talkington was appointed Acting General Manager. The company claims that work on the project continues. What NOVATEK responded The company rejected the accusations that access to its technology is conditional on the lifting of sanctions on Arctic LNG-2. NOVATEK has confirmed that it has agreed to grant Gal Technology Industrial Projects Management the right to use its technology in Alaska. In April, the parties signed a memorandum of understanding with Polar Train LNG. At the same time, approval from the US and Russian authorities is required for the implementation of the project. Gal Technologi, in turn, stated that NOVATEK does not hold a share in the capital, and the financing for Polar LNG was provided, among others, by the Norwegian entrepreneur B. Gundersen. What does this have to do with gravity type elements?

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🇺🇸 USA · אלסקה · Map

NOVATEK and the LNG project in Alaska: the Western media announced possible Russian traces The New York Times and the Financial Times published investigations about NOVATEK's possible participation in the Polar LNG project - the establishment of a liquefied natural gas plant in Alaska. The company denies the allegations of fraud and says it considers technology transfer a separate project. How did the scandal start? The former head of the operator of the Polar Train LNG project, D. Hida, said he was misled about the sources of funding. According to his version, NOVATEK may be officially behind the Emirati structures, which not only financed the project, but could also secretly influence its management. According to media reports: NOVATEK can discuss the allocation of up to 15 million dollars to Wave Technology to finance Polar LNG; The Russian company can get a minority stake in the project; For the plant it was planned to use NOVATEK technologies used in Arctic LNG-2; Polar Train LNG's management left the company amid fears of a possible violation of American sanctions. Polar LNG said it fired Riedel for cause and conducted a review. T Talkington was appointed Acting General Manager. The company claims that work on the project continues. What NOVATEK responded The company rejected the accusations that access to its technology is conditional on the lifting of sanctions on Arctic LNG-2. NOVATEK has confirmed that it has agreed to grant Gal Technology Industrial Projects Management the right to use its technology in Alaska. In April, the parties signed a memorandum of understanding with Polar Train LNG. At the same time, approval from the US and Russian authorities is required for the implementation of the project. Gal Technologi, in turn, stated that NOVATEK does not hold a share in the capital, and the financing for Polar LNG was provided, among others, by the Norwegian entrepreneur B. Gundersen. What does this have to do with gravity type elements?

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