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Gazprom received 9 bids from foreign companies to develop Stockman gas field

Publish date: August 10, 2005

Russian oil and gas giant Gazprom received 9 bids from foreign companies to develop Stockman gas field in the Barents Sea, Russian news agency INTERFAX-AGI-ОАО reports.

According to Gazprom press service, nine foreign companies have provided technical and commercial offers to develop Stockman gas field and construct a gas plant. These are three American companies ChevronTexaco, ConocoPhillips, ExxonMobil USA; two Norwegian Hydro and Statoil; two Japanese Mitsui and Sumitomo, and also English-Dutch Shell and French Total.


American company Sempra Energy USA has also provided their offer to tribute the gas from Stockman field abroad.


Stockman gas deposit is located in the central part of the Barents Sea. Today its stocks are estimated at 3.2 billion cubic metres of gas and 31 million tonnes of condensate. Gazprom plans to adjust deliveries of liquefied natural gas Stockman of a deposit to Northern America and, possibly, to Europe.


Gazprom experts are now carrying out the analysis and an estimation of these offers with the purpose of definition of the short list for carrying out precontract negotiations.

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