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U.S. Executives Resign From Alaska LNG Startup Over Novatek Allegation

Polar LNG was established in March. The departing executives’ claim was that Novatek financed and directed the venture without their knowledge.

A miniature LNG terminal model sits beside an empty chair / TokenPost.ai
A miniature LNG terminal model sits beside an empty chair / TokenPost.ai

Several U.S. energy executives have resigned from Polar LNG, an Alaska liquefied natural gas startup established in March, after discovering Novatek's alleged financing and direction of the venture.

The executives' claim was that Novatek, a Russian gas producer, financed and directed Polar LNG without their knowledge. Their resignations followed discovery of that alleged role.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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