The European Commission has rubber stamped Total’s acquisition of a 20.5% stake in the Yamal LNG export project.
The French energy giant signed final agreements in October with Russian gas producer Novatek to take the shareholding in the liquefaction plant.
Novatek owns all of the remaining equity in the Yamal LNG project.
Yamal LNG has the licence to develop the South Tambey field on the Yamal Peninsula in West Siberia.
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