Russia: TotalEnergies Acquires 10% of Arctic Transshipment LLC from NovatekSale and Purchase Agreement (Spa) • July 1st, 2021 • TotalEnergies SE • Crude petroleum & natural gas
Saint Petersburg, June 3, 2021 – TotalEnergies has signed a Sale and Purchase Agreement (SPA) with Novatek to acquire 10% of Arctic Transshipment LLC, a wholly owned subsidiary of Novatek, which owns and will operate two liquefied natural gas (LNG) transshipment terminals being built in the Murmansk and Kamchatka regions of Russia.
