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.