Trump's Ally Signs Deal With Russia's Novatek To Explore Alaska's Gas Reserves

 Trump Ally Signs Deal With Russia's Novatek To Explore Alaska's Gas Reserves.

🇺🇸 An American financier with connections to Donald Trump's family has reportedly signed a deal with Russian energy giant Novatek to develop natural gas in Alaska.

The agreement, reported by the New York Times, emerged after a meeting in August between Donald Trump and Russian President Vladimir Putin in Alaska, where talks

aimed to resolve the conflict in Ukraine.

During these discussions, US and Russian officials explored several potential energy deals.

Sources close to the talks suggested these business proposals were intended to incentivise the Kremlin towards a peace agreement in Ukraine and for Washington to ease sanctions on Russia.

The conflict in Ukraine, however, continues to rage four years on.

Gentry Beach, the Texas financier, confirmed to the New York Times that he had quietly signed an agreement for Novatek to develop natural gas in Alaska.

He stated that the project was in its early stages and faced significant hurdles, declining to disclose the financial details.

Novatek told the newspaper it was “indeed having negotiations on the potential use” of its technology to liquefy natural gas in remote northern Alaska, but it did not confirm that it was working with Beach.

Novatek did not reply to a request for comment from Reuters. Beach was not immediately available for comment.

Beach is chairman and CEO of investment firm America First Global that holds interests in energy, mining and infrastructure.