US executives reportedly quit $25bn Alaska gas venture amid claims of secret Russian control
The Financial Times reports former CEO Joel Riddle alleges Novatek financed and directed Polar Train LNG before US approval.
TLDR
The Financial Times reports that former Polar Train LNG CEO Joel Riddle resigned in September, alleging Novatek financed and directed the $25bn Alaska project before US approval. Nearly the entire executive leadership team followed. Polar Train says it terminated Riddle, its work complies with US law and Tech Wave provided financing. Novatek says it agreed to let Tech Wave use its technology in Alaska and that the project needs US and Russian approvals.
Combined views
38.5K
2 Sources, first seen ago