News
Publish date: September 16, 2005
News
Representatives of Gazprom say that the final partners will be announced in the last quarter of the year. Gazprom intends to keep 51 percent of shares in the field. The Shtokman field contains as much as 3,2 trillion m3 of gas and could become a vital supplier of hydrocarbons to the US.
Most experts did believe that both the two Norwegian companies would be among the preferred companies. Statoil and Hydro have sophisticated offshore technology and have long lobbied the Gazprom company for a share of Shtokman. If the Norwegian companies end of among the 2-3 final partners in the project, they will be able to link experiences and assets in the Norwegian North to the Russian side, BarentsObserver reports.
ConocoPhillips was also among the favourites for the short-list. For some, it is more of a surprise that the French Total and Chevron are on the list. If Total is chosen to be a partner at the Shtokman, the company will be a major foreign company in the Northwest Russian oil industry. The company already operates the Kharyaga oil field in the Timano-Pechora province.
Wednesday, April 10, 2024 | Brussels, Belgium – Today, the European Parliament approved the newly revised Construction Products regulation (CPR)...
Recent attacks on Ukraine’s Zaporizhzhia nuclear power plant "mark the beginning of a new and gravely dangerous front of the war," the UN atomic agency's director general said last week.
After years of inaction, Germany is working on its Carbon Management Strategy to resolve how CCS can play a role in climate action in industry. At the end of February, the Federal Ministry for Economic Affairs and Climate Action published first key points and a proposal to amend the law Kohlenstoffdioxid Speicherungsgesetz (KSpG). Bellona Deutschland, who was actively involved in the previous stakeholder dialogue submitted a statement in the association hearing.
In the midst of a global discussion on whether natural gas should be used as a transitional fuel and whether emissions from its extraction, production, transport and use are significantly less than those from other fossil fuels, Russia has developed ambitious plans to increase its own production of liquified natural gas (LNG) in the Arctic – a region with 75% of proven gas reserves in Russia – to raise its share in the international gas trade.