Saturday, February 21, 2026
More
    HomeAmericaTrump ally ties up with Russia's Novatek on natural gas in Alaska,...

    Trump ally ties up with Russia’s Novatek on natural gas in Alaska, NYT reports

    -

    MOSCOW, Feb 20 (Reuters) - American ‌financier Gentry Beach, who has ties to U.S. ​President Donald Trump's family, signed an agreement with Russia’s energy giant Novatek last autumn to ⁠develop natural gas in Alaska amid Western sanctions against Russia, the New York Times reported on Friday.

    In August, Trump and Russian President Vladimir ​Putin met in Alaska for talks aimed at ending Russia's war in Ukraine.

    U.S. and ‌Russian officials discussed several potential energy deals on the sidelines of the negotiations. Sources familiar with the talks said the business proposals were designed to encourage ⁠the Kremlin to agree to a peace deal in ⁠Ukraine and for Washington to ease sanctions on Russia.

    The war is still raging in Ukraine after four years.

    The New York Times, which spoke to the Texas financier, said he had quietly signed an agreement for ‌Novatek to develop natural gas in Alaska.

    He told the newspaper 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. He helped raise funds for Trump’s election ​campaign in 2016 and ‌contributed to shaping  the administration's "America First" economic and diplomatic agenda.

    Beach is also ⁠a college friend of Trump's son, ​Donald Trump Jr., according to the New York Times. 

    (Reporting by Vladimir ​Soldatkin, editing by Andrei Khalip)

    tagreuters.com2026binary_LYNXMPEM1J0F8-VIEWIMAGE

    Author

    Stay Connected

    1,800FansLike
    259FollowersFollow
    122FollowersFollow
    1,263FollowersFollow
    90,000SubscribersSubscribe

    Related articles

    Latest posts

    Share on Social Media

    spot_img