# Alleged Russian funding of Alaska energy project

> Live situation record from CLSTR: https://clstr.news/situations/alleged-russian-funding-of-alaska-energy-project
> Updated: 2026-10-24T09:07:04.000Z. Sources: 4. Developments: 2.

Investigations have linked the sanctioned Russian energy giant Novatek to a $25 billion liquefied natural gas (LNG) export project in Alaska’s North Slope, known as Polar LNG. Reports indicate that Novatek allegedly used a middleman in the United Arab Emirates, specifically the Abu Dhabi-based firm Tech Wave, to bypass sanctions and funnel investment into Trump-linked proxies.

The project, intended to develop infrastructure for Asian markets, has faced significant internal instability. Following revelations of the arrangement, Polar LNG’s CEO Joel Riddle and much of the senior management team resigned. Riddle stated that allowing Russian technology to control Arctic gas commercialization is “not only unlawful, but it's not in the U.S. interest.”

Further allegations suggest that Jared Kushner and Steve Witkoff held meetings in Moscow with Vladimir Putin regarding these connections. Additionally, reports have surfaced claiming that Russian intelligence hackers may have compromised Kushner’s mobile device, potentially exposing details regarding his financial ties and bank accounts in the United Arab Emirates.

## Timeline

### 2026-10-24: Jared Kushner linked to Russian-funded Alaskan energy project

Investigations link sanctioned Russian firm Novatek to a $25 billion Alaskan LNG project via UAE-based investments, amid allegations of Russian hacking targeting Jared Kushner.

2 sources. https://clstr.news/cluster/jared-kushner-linked-to-russian-funded-alaskan-energy-project

### 2026-10-24: Trump family accused of secret Alaska oil deal involving Russian investment

The Trump family is accused of fast-tracking a $25 billion investment from sanctioned Russian firm Novatek into an Alaska natural gas project via a UAE-connected middleman.

2 sources. https://clstr.news/cluster/trump-family-accused-of-secret-alaska-oil-deal-involving-russian-investment

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Cite as: Alleged Russian funding of Alaska energy project. CLSTR, https://clstr.news/situations/alleged-russian-funding-of-alaska-energy-project