
‘The international community must boycott the Russian nuclear industry’
“The Russian nuclear company Rosatom is not just another energy company. It is a state within the state, and a political instrument for the Kremlin. ...
News
Publish date: October 21, 2008
News
The sum is sufficient for an entire evaluation of the project, including seismic work, test drilling, and interpretation of results, said analysts. They further added that the sum may also cover the cost of a drilling platform, the average cost of a floating drilling platform being $300 million.
For the first stage of the project, no less than $10 million is required, according to analysis by ConocoPhillips. Investment in the project have reached $20 million, b-port.com reported. Alexander Shtok, director of the independent consulting group Due Dilligence, said that in conditions of financial crisis it will be difficult for the Shtokman Development company to find capital, the Ros Business Consulting newswire reported.
However, developing the field is one of Russian state gas giant Gazprom’s most important tasks because many of the company’s other fields are depleted and failure to find new fields could break the company. There is therefore no doubt that the Gazprom monopoly will use every means at its disposal to succeed in the Shtokman field.
“The Russian nuclear company Rosatom is not just another energy company. It is a state within the state, and a political instrument for the Kremlin. ...
This op-ed originally appeared in The Moscow Times. If Russia’s state nuclear corporation, Rosatom, is to be believed, 2024 was a banner year.&nbs...
Earlier this month, Norwegian state-owned petroleum company Equinor (with partners Vår Energi and Petoro) started production at a new Arctic site, wi...
Recent announcements by Russian nuclear officials that they will extend the runtimes of several Chernobyl-style RBMK nuclear reactors shed light on t...