Russia: Gazprom, Statoil Executives Hold Meeting on Shtokman Project

Gazprom, Statoil Executives Hold Meeting on Shtokman Project

Chairman of the Gazprom’s Management Committee Alexey Miller and Chief Executive Officer of Statoil Helge Lund met at the Gazprom headquarters Friday to discuss the Shtokman project, Gazprom said in a statement.

The parties discussed cooperation issues on launching the Shtokman field Phase 1 pre-development,” the company said.

The Shtokman field is situated in the central part of the Russian sector of the Barents Sea.

It will become a resource base for building up deliveries of Russian gas both by pipeline and in the form of LNG to the domestic and foreign markets.

[mappress]

LNG World News Staff, March 18, 2012