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Bellona nuclear digest. May 2024
A survey of events in the field of nuclear and radiation safety relating to Russia and Ukraine.
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Publish date: February 15, 2006
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According to Total’s president of exploration and production Christophe de Margerie, foreign companies would be allowed an aggregated 49% stake in the project, since Gazprom held the 51% majority stake. The official said the company could seek a 25% stake if Gazprom chose only two partners instead of three, but a 20% stake seemed more realistic. He refused to disclose the company’s upstream and downstream assets for the project, adding that Total plans to be involved in the production and sale of liquefied natural gas.
According to de Margerie, some issues have yet to be coordinated, including the assessment of existing upstream assets proposed by the French company, and those that are being prepared for the project, which is set to start in 2008. Russian natural gas monopoly Gazprom is currently selecting partners for the Shtokman project, RIA Novosti reported. The shortlist includes Norway’s Statoil and Hydro, France’s Total and U.S. companies Chevron and ConocoPhillips.
The Shtokman deposit is located in the Barents Sea, 650km from the Russian northern port of Murmansk. It contains an estimated 3.2 trillion cubic meters of natural gas and 31 million metric tons of gas condensate. Gazprom officials estimate its annual output at 100 billion cubic meters of gas, with around 30 billion at the very start, of which 22 to 24 billion cu m will be liquefied to produce up to 15 million tons of LNG for America.
A survey of events in the field of nuclear and radiation safety relating to Russia and Ukraine.
But it’s unlikely to impact emissions from shipping along the Northern Sea Route.
In this news digest, we monitor events that impact the environment in the Russian Arctic. Our focus lies in identifying the factors that contribute to pollution and climate change.
The following op-ed, written by Bellona’s Charles Digges, originally appeared in The Moscow Times. In recent months, the Russian nuclear in...