RusEnergy

02-09-2007 - Regnum News - Development of the Shtokman field has a strategic meaning for Gazprom. That was stated at a session at Gazprom dedicated to Shtokman gas field development. As REGNUM is told at Gazprom, the field was mentioned to become major resource base for Russian gas exports to Europe via the Nord Stream pipeline, as well as produce of liquefied natural gas. Participants of the meeting discussed major tasks of the coordination group to manage the Shtokman field project development. Besides, they discussed the process of elaborating the action plan and the project schedule that determine synchronization of the start of extraction, gas transit via the gas pipeline and produce of liquefied natural gas with Gazprom’s long-term balance.
Information: The Shtokman gas field is locate din central part of the Russian section of the Barents Sea shelf. Estimated field reserves are 3.7 trillion cubic meters of gas and over 31 mln tons of gas condensate. Sevmorneftegaz (100% Gazprom affiliate) has a license for finding, geological exploration and extraction of gas and gas condensate at the Shtokman gas field.