OAO Gazprom (GAZP.RS) is considering including foreign partners in the development of the Shtokman project, the company's CEO told reporters on Friday, following a meeting with President Vladimir Putin.
OAO Gazprom (GAZP.RS) is considering including foreign partners in the
development of the Shtokman project, the company's CEO told reporters on
Friday, following a meeting with President Vladimir Putin.
"We are considering the possibility of new partners entering into the
project. In the field of LNG [liquefied natural gas] we are already working
with Shell on other projects," he also noted.
Gazprom owns 51% of Shtokman, Total SA (TOT) of
France
owns
25% and Statoil owns 24%. The project has suffered a number of
investment-related delays.
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