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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", sykesix asked the members: "What do you do if you arrive early at movie besides go to the snack bar?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: velcher ✶✺🐝 HONORARY
SHREWD   😊 😞
Number: of 88906 
Subject: Violating U.S. Sanctions:Trump & Putin
Date: 10/26/26 4:36 PM
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Financial Times: Content E9cfbfbb e65a 4303 aebb 20d59319ef1b

US executives quit $25bn gas venture over claims of secret Russian control

The former chief executive of a $25bn US gas export venture has accused Russian energy giant Novatek of secretly controlling the project, triggering the mass resignation of the company’s leadership over fears it is violating US sanctions.

The company, Polar Train LNG, is developing a gas export terminal on Alaska’s North Slope, part of a Trump administration initiative to expand US energy exports to Asia and strengthen its position in global energy markets. The venture was launched with the involvement of Gentry Beach, an investor with ties to Donald Trump’s family.

It has also featured in high-level negotiations between Washington and Moscow over potential business deals that could help secure an end to Russia’s war in Ukraine, according to people familiar with the discussions.

Polar LNG was launched in March with plans to repurpose a partially constructed Novatek gas terminal for installation in Alaska. The company sought permission from US sanctions authorities at the Treasury department to negotiate with the Russian group but had not yet received approval.

Joel Riddle, Polar LNG’s American chief executive, told the FT that he discovered Novatek was already financing the venture and directing its operations before the necessary approvals were obtained. He resigned in September, followed by almost the entire executive leadership team, including chief financial officer Dan Chandra, executive vice-president Jim Smith and executions manager Jody Trantham. The allegations raise questions about the extent to which Russian commercial interests are already seeking a foothold in the US energy industry before any agreement has been reached.

Trump's corruption is everywhere. Nothing more than a criminal scumbag. Stop voting for Republicans!
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This community has written 88,852 posts about US Policy. The article-length ones it recommended most:
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