By America Hernandez
PARIS, July 23 – French oil major TotalEnergies will exit its stake in the Arctic LNG 2 plant in Russia, CEO Patrick Pouyanne said on Thursday.
The transfer of Total’s 10% stake to Nordline, a subsidiary of the plant’s majority owner Novatek, will be completed in the short term, he told analysts on a second-quarter results call.
(Reporting by America Hernandez in Paris, Editing by Charlotte Van Campenhout)