Germany wants independence from Russian nuclear fuel, using Rosatom as a bridge
Europe’s effort to break its dependence on Russian nuclear fuel has a paradox in Germany: making Russian-designed fuel without buying it from Russia ...
News
Total wants 25 percent of Shtokman
Publish date: October 11, 2005
Shortcuts on this page
News
Total wants 25 percent of Shtokman
"We intend to get a 25 percent stake of the Shtokman project," says Menno Gruvel, head of French oil major Total's Europe and Central Asia department.
Total offers Gazprom parts of stakes in three other projects in return for a stake in Shtokman. At least one of these projects is outside Russia. Also the Norwegian bidders Statoil and Hydro have expressed their interest in a 20 to 25 percent stake in Shtokman. The two US bidders Chevron and ConocoPhillips have not revealed their plans for the Shtokman project, RusEnergy informs.
A total of five foreign companies were put on Gazprom’s short-list for the huge Shtokman gas project in the Barents Sea in August this year. Gazprom is expected to make a final decision on which companies to include in the project this autumn.
More News
All news
Russian nuclear ties persist in the West as war claims another life at Zaporizhzhia
Nearly four and a half years after Russia’s full-scale invasion of Ukraine, July offered fresh evidence of how difficult it remains to disentangle Ru...
Egypt complained about Rosatom’s nuclear work. Now it wants two more reactors
Just days after Egyptian nuclear authorities reportedly accused Rosatom of construction defects, poor management and vi...
Floating nuclear power was a Russian curiosity. Now others want to give it a shot
For years, the Akademik Lomonosov looked like one of the nuclear industry’s more eccentric experiments: two reactors mounted on a barge and tow...