RusEnergy

RBC, 31.10.2005, Moscow 11:04:59.Participants in the Shtokman gas condensate field development project are to be defined no later than April 2006, Russia's industry and energy minister Viktor Khristenko has said today at the 5th Oil and Gas Week in Moscow. He noted that before the end of 2006, all calculations must be drawn up allowing certain investment decisions to be made. As for Russian-US cooperation in energy supplies, Khristenko reiterated that in early September 2005 Gazprom sent the first liquefied natural gas delivery to North America, and on October 1 the Sakhalin-1 project, in which US companies are participating, started to yield oil. Khristenko also stated that the share of Russian oil and oil products on the US market had increased almost twofold, yet it now accounts for only 4 percent of the US market.