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Story summary
- U.S. special envoys Steve Witkoff and Jared Kushner met President Vladimir Putin to discuss the Polar LNG project.
- Polar LNG secured multibillion-dollar funding from sanctioned Russian firm Novatek, not from a UAE source as claimed.
- Novatek said it will acquire a minority-shareholder position in Polar LNG.
- Baker Botts warned that Novatek ties could jeopardize Polar LNG’s licenses and regulatory approvals.