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Total want stake in Yamal LNG

French petroleum major Total is seeking 20 to 25 percent of Novatek’s LNG project on the Yamal Peninsula in Russian Arctic.

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Meeting with Russia’s Prime Minister Vladimir Putin in Paris last Friday, Total’s Chief Executive Officer Christophe de Margerie discussed both the Yamal LNG and the Shtokman project., reports The St. Petersburg Times.

The newspaper quotes Putin saying: “There is a potential to expand operations.”