RUSSIA SHTOKMAN ARCTIC GAS FIELD – MURMANSK
March 1st, 2006
BY KEITH NUTHALL
GAZPROM will this month (APRIL) announce its chosen partners to develop Russia's giant natural gas Shtokman field in the Arctic, which is estimated to contain 3,500 billion cubic metres of gas. Chevron and Conoco Phillips have long been predicted as likely to secure a deal with the Russian utility, and last week's (28-3) visit of Russian prime minister Mikhail Fradkov to Oslo has increased speculation that Norway's Statoil and Hydro will also be part of a Shtokman consortium. "The parties are expected to consider the prospects for these ...
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