Financial Times: The former chief executive of a $25bn US gas export venture has accused Russian energy giant Novatek of secretly controlling the project, triggering a mass resignation of company leadership over fears it is violating US sanctions.
…The company, Polar Train LNG, is developing a gas export terminal on Alaska’s North Slope, part of a Trump administration initiative to expand US energy exports to Asia and strengthen its position in global energy markets…
…The allegations raise questions about the extent to which Russian commercial interests are already seeking a foothold in the US energy industry before any agreement has been reached. They threaten to embroil a strategically important US energy project in the fraught relationship between Washington and Moscow, despite the Trump administration’s abrupt favourable shift towards Russia…