(Bloomberg) -- OAO Gazprom, the world's largest
natural-gas producer, chose Total SA to help develop Shtokman, an
Arctic offshore field that may hold enough natural gas to supply
Europe for more than three years.
Paris-based Total will take 25 percent in an operating
company to develop the project, while the Russian company will
hold the rest, Gazprom Chief Executive Officer Alexei Miller said
in an e-mailed statement. Gazprom scrapped its original plan to
let foreign partners take an equity stake in the project in
October.
Read more at Bloomberg Energy News
natural-gas producer, chose Total SA to help develop Shtokman, an
Arctic offshore field that may hold enough natural gas to supply
Europe for more than three years.
Paris-based Total will take 25 percent in an operating
company to develop the project, while the Russian company will
hold the rest, Gazprom Chief Executive Officer Alexei Miller said
in an e-mailed statement. Gazprom scrapped its original plan to
let foreign partners take an equity stake in the project in
October.
Read more at Bloomberg Energy News
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