July 12 2007
Gazprom chooses french Total as partner for initial phase of Shtokman field development
Alexey Miller: "Gazprom has made a decision on the choice of a foreign partner to implement the initial phase of Shtokman field development, and named French Total S.A. as such".
October 9 2006
"Gazprom will use 100 per cent of the Shtokman field resources"
Alexey Miller: "Gazprom will use 100 per cent of the Shtokman field resources. Over the continuous period of time Gazprom has studied the possibility of providing foreign companies with a 49 per cent stake in the Shtokman project. International companies however failed to offer assets matching Shtokman’s reserves in amount and quality. The field will be developed with the use of state-of-the-art technological developments, including for LNG production. Authoritative international companies will be invited as project contractors for these purposes. Meeting project deadlines and costs is a prerequisite for prospective contract awards. This decision is an additional guarantee of the Russian gas supply to Europe security in the long-term and proof that the European market is of dominating significance for Gazprom".