The Shtokman gas and condensate field - one of the biggest offshore fields of its kind - was discovered in 1988. The field is located in the central part of the Russian sector of the Barents Sea shelf, about 600 km northeast of the city of Murmansk at sea depths varying from 320 to 340 m.
The field’s C1+C2 reserves account for 3.8 tcm of gas and circa 37 mln t of gas condensate.
The Sevmorneftegaz - a 100 percent Gazprom subsidiary - holds the license to the project. The operator company is the Shtokman Development Company, a Swiss-registered joint venture of Gazprom (51%), Total (25%) and Statoil (24%).
The Shtokman gas will be shipped partly by pipeline, partly as LNG.
According to plans, the field is to be in production from year 2016.
The village of Teriberka located northeast of Murmansk City has been chosen as the main hub for Shtokman operations.
Shtokman postponed only a few months
The Shtokman project is only postponed a few months and the final investment decision will be made in March 2011, Murmansk Oblast Governor Dmitry Dmitriyenko said after a meeting with the French project partner Total.
After a meeting with General Director of Total’s office in Russia Pierre Nergararian, Governor Dmitriyenko told the press that the Shtokman project has not been postponed three years, "as the rumors told", but only a few months, GTRK Murman reports.
The final investment decision will be made in March 2011 and construction of the plant will start in the end of 2011, Dmitriyenko said.
The plan is to start production of gas from the Shtokman field in 2016, the same year as Murmansk celebrates its 100th anniversary.
















