An investor associated with the Trump family, Džentrijs Bīčs, reported to the New York Times that he has signed a contract with the Russian energy company Novatek despite its owner's sanctions in the UK and Canada, while the project itself faces challenges in its early stages.
Džentrijs Bīčs, an investor with ties to the Trump family, disclosed in an interview with 'The New York Times' that he has secretly signed a contract with Russian energy company Novatek. This revelation raises questions about the ongoing connections between the Trump family and Russian entities, particularly in the context of geopolitical tensions and sanctions against Russia. Bīčs detailed that he met with Novatek's chairman, Leonid Mikhelson, in Dubai and Europe to discuss the deal, which is at an early stage and already encountering obstacles.
The contract involves the use of a mobile liquefied natural gas production unit currently under construction at Novatek's facility in the Murmansk region of Russia. Despite Novatek's failure to confirm its cooperation with Bīčs, it did acknowledge discussions about the potential use of its LNG technology in remote regions of Northern Alaska. This indicates a possible interest in expanding their technology footprint globally, albeit amid the sanctions and scrutiny surrounding Russian corporations and their dealings.
Bīčs has a history of involvement with Donald Trump Jr. through shared business ventures and contributions to his father's presidential campaign. While this new contract may raise eyebrows, especially in light of the existing sanctions against Mikhelson, Snow explained that the deal is intended to go forward in the U.S., signaling the complexities of business relationships in a politically charged environment. The implications of this deal could reverberate amidst ongoing scrutiny of Russian investments in the West and the Trump family's ties to such entities.
