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The Guardian - UK
The Guardian - UK
Business
Juliette Garside and Kalyeena Makortoff

How Putin’s alleged ‘business associate’ made $400m from a major Russian gas deal

The tanker Christophe De Margerie at the Yamal LNG natural gas plant
The tanker Christophe De Margerie at the Yamal LNG natural gas plant. Photograph: Novatek

In the icy waters of a Siberian harbour, the Christophe de Margerie, a Russian ship with an unusual French name, was ready for loading. The world’s first ice-breaking gas tanker had been designed for a very specific purpose: opening up Russia’s Arctic shipping routes towards Europe and Asia during the winter months.

It was December 2017, and the temperatures had plunged to -27C, but the politicians and oil executives gathered in Sabetta, on the Yamal peninsula, were jubilant. Vladimir Putin had flown in for the event. At the president’s signal, gas began to pump into the tanker.

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