Saturday, 24 October 2026
Rīga TV

World and Latvian news in one place

EconomyPublished: 24 October 2026 at 17:01

US media: Russia secretly controls Alaska gas terminal project

Russian company Novatek is financing a gas terminal construction project in Alaska and effectively sets the strategy of the US firm Polar Train LNG. The Financial Times and The New York Times report this, citing the US company's former chief executive.

Foto: LSM

Russian company Novatek is financing a gas terminal construction project in the US state of Alaska. The project is being carried out by the US company Polar Train LNG, but the Russian firm in practice determines its strategy. This is reported by the British newspaper the Financial Times and the American newspaper The New York Times.

The outlets cite Joel Riddle, the former chief executive of Polar Train LNG. According to the information attributed to him, the project's funding comes from the Russian company, and it also shapes the direction of the US firm's operations.

Because the project is formally run by a US company, the reports point to Russian capital and influence being tied to energy infrastructure on US territory. The source material gives no further details on the project's scale, cost or timeline, and does not say whether the companies have commented on the reports.

Comments

0/1500

Comments are automatically moderated. No hate, threats, personal data or spam.

Loading comments…

More in this category

US media: Russia secretly controls Alaska gas terminal project — Rīga TV