Gazprom, Statoil Officials Highlight Importance of Timely Delivery of Shtokman (Russia)

The Gazprom headquarters hosted Tuesday a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Helge Lund, President and Chief Executive Officer of Statoil.

The parties discussed the situation in the European energy market and shared an opinion that sustained gas supplies by traditional exporters – Russia and Norway – were assuming paramount importance in the present context. On its part, Gazprom makes every effort to provide Europe with reliable gas supplies: the offshore Nord Stream gas pipeline is under construction and the South Stream project is being actively implemented. Timely delivery of the Shtokman project being jointly executed by Gazprom, Statoil and Total becomes of prime importance as well.

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Source: Gazprom, March 30, 2011;