Trump ally Gentry Beach signs natural gas deal with Russian energy giant Novatek in Alaska
Texas financier Gentry Beach signed a deal with Novatek to develop natural gas in Alaska. The agreement follows high-level talks to end the war in Ukraine.
American financier Gentry Beach has signed an agreement with the Russian energy company Novatek to pursue a natural gas development project in Alaska, according to a report published by the New York Times on February 20, 2026. The deal, which was finalized last autumn, involves a private actor with significant links to the United States 
US contracting with a major firm from Russia 
RU at a time when Western sanctions remain in place against Moscow.
US contracting with a major firm from Russia RU at a time when Western sanctions remain in place against Moscow.The timing of the agreement is particularly notable as it follows an August meeting held in Alaska between U.S. and Russian officials. During those discussions, representatives from both nations explored various energy proposals intended to encourage a peace deal in Ukraine 
UA and the potential easing of existing sanctions. The involvement of Gentry Beach, who has documented ties to the family of President Donald Trump, has drawn attention to the potential intersection between private business interests and national sanctions policy.
UA and the potential easing of existing sanctions. The involvement of Gentry Beach, who has documented ties to the family of President Donald Trump, has drawn attention to the potential intersection between private business interests and national sanctions policy.
