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“No delays at Shtokman”

Head of the Shtokman Development AG today repeated that there will be no delays in the Shtokman project in the Barents Sea.

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Mr. Yury Komarov today told journalists that LNG production in the project will start in 2014, RIA Novosti reports. He maintained that production start-up will not be delayed, although the project final investment decision has been postponed from fall 2009 to spring 2010. The postponement of the investment decision is linked with the major volumes of preparatory work, but this will not affect the other project deadlines, he stressed. –[….] There are many complicated questions, the region is specific, he said.