Shtokman may be delayed


Gazprom writes in a Eurobond memorandum that the timeline for the development phase of the Shtokman-field may be revised accordingly to reflect natural gas market conditions.


It is Dow Jones Newswire that reports about the new information about the Shtokman development timeline on Tuesday.

The initial timeline for the Shtokman-field development said 2013 for the first development phase and 2014 for the first shipment of liquefied natural gas (LNG) from the to-be-constructed plant to be located in Teriberka on the coast of the Kola Peninsula.