Russia’s vast Arctic gas project

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SABETTA, Russia: Spread across the frozen whiteness of the Russian Arctic, the ambitious $27 billion Yamal gas megaproject aims to defy both the extreme temperatures and the Ukraine crisis impacting its funding. Some 2,500 kilometers (1,600 miles) northeast of Moscow, the Yamal site — a joint venture by Russia’s Novatek, France’s Total and China’s CNPC — is eventually meant be one of the world’s biggest liquefied natural gas (LNG) projects and ship deliveries to both Asia and Europe.

AFP

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