Putin Allows TotalEnergies to Sell 10% Stake in Arctic LNG 2

Russian President Vladimir Putin has granted TotalEnergies SE permission to sell its 10% stake in the Arctic LNG 2 project, despite the venture being under US sanctions. This unusual decision enables the French company to withdraw from a project that has been significantly hindered by Western sanctions. The move underscores the complex geopolitical dynamics and economic strategies at play in the energy sector, especially concerning Russia's ability to navigate international sanctions while maintaining lucrative energy partnerships.