The US and Russia may build a gas terminal in Alaska for $25 billion in exchange for lifting Arctic sanctions for LNG-2 According to the Financial Times, the US and Russia are discussing the possibility of building a $25 billion LNG terminal in Alaska in exchange for sanctions on the Arctic LNG-2 project. The source of the information is The Financial Times. The publication states that Russian Novtech can finance the preparation of the project even before the final approval of the American authorities. The FT does not rule out the implementation of the project between Moscow and Washington. If the agreement is implemented, the US side will get a new large gas terminal, and the Russian Arctic LNG-2 project will be able to continue working without existing sanctions restrictions.