Get all your news in one place.
100's of premium titles.
One app.
Start reading
Foreign Policy
Foreign Policy
Comment
Zoe Reiter

The West Paid for Putin’s Huge New Gas Project

In July, about a week after NATO leaders pledged more military support for Ukraine at their summit in Lithuania, a smiling Russian President Vladimir Putin watched the world’s largest floating structure set off from a construction site in Murmansk, a Russian city on the Barents Sea. The 640,000 ton platform was destined for the Gydan Peninsula in Siberia, where it would link up with infrastructure on land to begin cooling vast quantities of gas into shippable liquid form—eventually producing more than 6 million metric tons of liquified natural gas (LNG) per year from 2024.

The platform—which housed the first so-called train, or production line, of a massive gas extraction and liquefaction project known as Arctic LNG 2—relied heavily on international investment and Western technology. France-based TotalEnergies proudly announced a total 21.6 percent interest in the project when it launched in 2019, alongside investors from China and Japan. (TotalEnergies has since announced that it will no longer provide capital to the project.) The remoteness of the Gydan Peninsula and the freezing Arctic winters mean that Arctic LNG-2 required the world’s best engineers and leading technology to get the gas out of the ground, liquified, and onto tankers. The turbines are state-of-the-art, provided by U.S. engineering firm Baker Hughes. German-founded Linde supplied the heat exchangers needed to cool the gas. The United Kingdom’s Hill & Smith provided cryogenic pipe supports. And Italy’s Saipem played a crucial coordinating role and supplied electrical cables.

In April, the European Union announced a ban on the export of LNG equipment to Russia. Yet despite this, the shipment of the first part of the project was on time—a point that Putin made sure to cover in his televised remarks from Murmansk.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.