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Ex-CEO Claims Russian Firm Financed Alaska LNG Project

Resignations at Polar Train LNG follow allegations of secret funding and control by Novatek.

AI-assisted coverage comparison, editor-supervised · How this was made

Published
Ruski novac iza Trampovog energetskog plana? Ostavke zbog projekta na Aljasci vrednog 25 milijardi dolara 1

What this story says

  • Former CEO Joel Riddle resigned from Polar Train LNG, alleging Russian firm Novatek secretly financed and directed the $25 billion Alaska project.
  • Polar Train LNG was founded in March 2026 to repurpose a partially built gas terminal from Novatek.
  • Novatek confirmed it granted Tech Wave Industrial Projects Management rights to use its technology and signed a memorandum of understanding with Polar Train LNG in April.
  • The US Treasury Department stated it takes potential sanctions violations seriously but does not comment on specific cases.

Who covered it

Left 71%(12)Centre 5%(1)Right 24%(4)

Percentages are shares of the 17 outlets carrying a published leaning rating. 19 of the 36 outlets we know ran this story carry no rating and are not counted in them. Coverage measured .

Trust

60/100

Craft

60/100

Hype

40/100

36 sources · methodology

Former CEO Joel Riddle resigned from the American company Polar Train LNG due to suspicions that Russian energy giant Novatek was secretly financing and directing the $25 billion Alaska project. Riddle stated he discovered Novatek's involvement before US authorities approved negotiations with the Russian company. Almost all of Polar Train LNG's executive management team, including the chief financial officer and executive vice president, resigned following Riddle's departure in September.

Polar Train LNG was founded in March 2026 with plans to repurpose a partially built gas terminal from Novatek. The project is part of an initiative to increase US energy exports. Riddle initially believed investors connected to the Trump family and a company called Tech Wave Industrial Projects Management were providing funding. However, he later learned that Novatek was the source of capital.

Novatek confirmed it granted Tech Wave Industrial Projects Management the right to use its technology in Alaska and signed a memorandum of understanding with Polar Train LNG in April. Polar Train LNG stated that Tech Wave provided financing and that the company is seeking American investors and partners. The US Treasury Department stated it does not comment on potential sanctions violations but takes them seriously.

Disagreement on Novatek's role

Polar Train LNG rejected Riddle's accusations, stating he was a disgruntled employee who was fired. The company asserted that Tech Wave provided financing and that the project is proceeding in compliance with US laws and is seeking American investors. The company also stated that Tech Wave provided financing and that the company is seeking American investors and partners.

What the coverage left out

None of the centre-rated reports below mention the former CEO Joel Riddle's resignation or the allegations that Russian energy giant Novatek was secretly financing and directing the $25 billion Alaska project. The right-rated reports did not mention that Novatek's Arctic LNG 2 project was blacklisted by the US Treasury in 2023 due to sanctions related to the invasion of Ukraine.

Still developing. We have re-checked which outlets are covering this 1 time, most recently on 25 Oct 2026, 01:00, and will add the sides that appear.

How each side covered it

Our own reading of the reporting listed below, written from the outlets’ articles rather than quoted from them. The reasoning is set out on our methodology page.

Left

12 rated outlets

  • Left-rated reports led with the allegations of secret Russian financing and control of the Alaska LNG project. Multiple outlets highlighted the resignations of former CEO Joel Riddle and other executives from Polar Train LNG due to these suspicions. Reports frequently mentioned that Novatek, a Russian energy giant, was allegedly involved, despite US sanctions related to its Arctic LNG 2 project. Several outlets noted the project's connection to the Trump administration's energy export goals and its emergence in discussions about ending the war in Ukraine. The role of Tech Wave Industrial Projects Management as a conduit for financing was also a recurring point.

Centre

1 rated outlet

We have not written our reading of the centre coverage of this story. The centre-rated outlets that ran it are listed below.

Right

4 rated outlets

  • Right-rated reports focused on Novatek's confirmation of granting Tech Wave Industrial Projects Management the right to use its technology in Alaska and signing a memorandum of understanding with Polar Train LNG in April. These reports also included Polar Train LNG's statement that Tech Wave provided financing and that the company is seeking American investors and partners. The denial of wrongdoing by Polar Train LNG, which stated that former CEO Joel Riddle was a disgruntled employee, was also a key element in these reports.

Questions about this coverage

How did the left and right cover Ex-CEO Claims Russian Firm Financed Alaska LNG Project?
Of the 17 outlets on this story carrying a published leaning rating, 71% are rated left, 5% are rated centre, 24% are rated right. Those percentages are shares of the rated outlets, not of every outlet that ran it, which was 36. The sections above set out what each side emphasised, in its own terms.
Is Ex-CEO Claims Russian Firm Financed Alaska LNG Project left or right?
The story itself is neither. What can be counted is who has covered it, and 71% of the 17 rated outlets on it are rated left — so far this is a story carried mostly by the left. Coverage is still arriving and that can change, which is why the figure is dated rather than fixed.
Is the coverage of Ex-CEO Claims Russian Firm Financed Alaska LNG Project biased?
Ex-CEO Claims Russian Firm Financed Alaska LNG Project is one event reported by 36 outlets, and this page does not rate the story as biased or unbiased. What it publishes is the spread: which outlets ran it, where named rating organisations place each of them on the spectrum, and what each side chose to lead with. A leaning rating describes an outlet's record over time, not this article, and the two should not be run together.
Which outlets covered Ex-CEO Claims Russian Firm Financed Alaska LNG Project?
36 that we know of, every one of them listed further up this page with a link to its own report and to what we hold on the publisher. Nothing here is a summary of somebody else's summary: the outlets are named so the original reporting can be read.
Why did former CEO Joel Riddle resign from Polar Train LNG?
Joel Riddle resigned from Polar Train LNG due to suspicions that the Russian energy giant Novatek was secretly financing and directing the $25 billion Alaska project. He stated he discovered Novatek's involvement before US authorities approved negotiations with the Russian company.
What is Polar Train LNG's explanation for the allegations?
Polar Train LNG rejected the accusations, stating that former CEO Joel Riddle was a disgruntled employee who was fired. The company asserted that Tech Wave Industrial Projects Management provided financing and that the project is proceeding in compliance with US laws and is seeking American investors.
What is Novatek's confirmed involvement in the project?
Novatek confirmed it granted Tech Wave Industrial Projects Management the right to use its technology in Alaska and signed a memorandum of understanding with Polar Train LNG in April. Polar Train LNG stated that Tech Wave provided financing and that the company is seeking American investors and partners.
What is the US Treasury Department's stance on the matter?
The US Treasury Department stated that it does not comment on potential sanctions violations but takes them very seriously. This indicates the department is aware of such allegations and their potential implications regarding sanctions.

Read it at the source

36 outlets, grouped by the leaning a published rating gives them. Every headline links to the original; an underlined outlet name opens our profile of that publisher.

Left

12
Show 4 more

Centre

1

Right

4

Not rated

19
Show 11 more

How did this read?

About the coverage, not about the story. We do not ask whether you agree with what happened — we have no honest use for that answer.

Joel Riddle quits Polar Train LNG | MediaBias News