Gazprom Delays Giant Shtokman Field By 3 Years

Source: Reuters 2/5/2010, Location: Asia

Russia's gas export monopoly Gazprom said it had agreed with Total and Statoil to delay the giant Shtokman gas field by 3 years due to major changes in the global gas markets.

The company said in a statement pipeline gas production from Shtokman will start in 2016 instead of 2013 while liquefied gas output will begin in 2017 instead of the earlier planned 2014.


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