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TotalEnergies announced Thursday that it will divest its 10% stake in Russia's Arctic LNG 2 project, formally ending its involvement in a venture that has been hobbled by Western sanctions since late 2023.

The European Union imported a record volume of liquefied natural gas from Russia's flagship Yamal LNG plant in the first half of 2026, even as the bloc moves to phase out all Russian gas purchases by early next year.