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TotalEnergies Sells it's Termokarstovoye Gas Field Stake

NATURAL GAS

TotalEnergies sells its 49% interest in the Russian Termokarstovoye gas field to Novatek.

  • On July 18, 2022, TotalEnergies agreed to sell to Novatek TotalEnergies' 49% interest in Terneftegaz, which operates the Termokarstovoye gas and condensates field in Russia, on economic terms enabling TotalEnergies to recover the outstanding amounts invested in the field.

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