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Gazprom seeks end to Shtokman deadlock

The times are changing, but Gazprom continues preparations for the Shtokman project. Photo: Shtokman.ru

Amid the apparent standstill in the Shtokman project, licenseholder Gazprom prepares for a tender on the construction of a 30 million ton capacity Shtokman LNG plant.

Location

According to the company, a tender on the construction of the huge plant will be held in January 2013. The plant will have a production capacity of 30 million ton per year, and will be built in the Orlovka Valley near Teriberka on the Kola Peninsula. All documents needed for the tender are ready and prepared, a press release from the company reads.

In addition, the Shtokman operator is reportedly also about to complete exploratory engineering works and comprehensive project documentation will in 2013 be submitted to Russian authorities for approval, the company informs. 

As previously reported, the Shtokman Development AG recently underlined to BarentsObserver that the preparations for field development are going full steam. In a meeting with Murmansk Governor Marina Kovtun, in October this year, President Vladimir Putin stressed that the Shtokman project is coming “before 2017”.

After the exit from the Shtokman Development AG of Statoil this fall, and the subsequent postponement of the initiative, the project reached a state of deadlock.