26 April 2024
Shtokman ‘on hold’ as costs make project ‘unfeasible’
Publication date: 30 August 2012
Gas Strategies Group
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Development of the 3.9 Tcm Shtokman gas field has been put on hold due to challenging economics, according to main shareholder Gazprom on Thursday, which told Gas Matters Today that “excessive costs have made it unfeasible to develop Shtokman at the moment”.