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US Assistant Secretary of State for Energy Resources Geoffrey Pyatt earlier announced Washington’s plans to torpedo the Arctic LNG 2 project through sanctions coordinated with the Group of Seven partners and other allies.
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Russia s Novatek is pushing ahead with the Arctic LNG-2 project to considerably step up production of liquefied natural gas (LNG), enhancing the nation s global market share to 20%. What s more, the project has no analogues in the world.