8 May 2024
Gazprom could ditch Shtokman pipeline plans
Publication date: 10 April 2012
Gas Strategies Group
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Gazprom deputy CEO Alexander Medvedev indicated on Saturday that Gazprom could set aside plans for the initial pipeline phase of the giant Shtokman gas project, and instead focus solely on the construction of a liquefaction plant, according to Reuters. That option could improve the economics of the challenging frontier project, on which a final investment decision (FID) has been delayed several times.