Dodging Sanctions, French Oil Major Seeks to Fund Russian LNG Project with Yuan & Euros
By Tim Daiss
Western
economic sanctions against Russian oil and energy interests are
steadily playing out, this time affecting French oil major Total S.A.’s
ability to finance part of the $27 billion Yamal liquefied natural gas
(LNG) project in the Russian Arctic. Reports broke toward the end of
last week that Total will seek as much as $15
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