Overview
- The New York Times reports Gentry Beach signed an agreement last autumn with Novatek to pursue liquefied natural gas development on Alaska’s North Slope.
- Novatek said it is negotiating possible use of its liquefaction technology for an Alaska project but declined to identify a counterpart.
- Beach said he negotiated with CEO Leonid Mikhelson in Dubai and Europe and described the project as known at the highest levels in Moscow and Washington.
- After an August meeting in Anchorage, Vladimir Putin said Novatek was in talks with U.S. partners on potential Arctic and Alaska LNG projects.
- The proposal remains early stage with undisclosed terms, sanctions complicate any deal, and U.S. officials tie wider economic engagement to progress in Ukraine peace talks.