Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Gazprom, Total and StatoilHydro set up a company to develop Shtokman
22.02.2008 13:14
Gazprom, Total and StatoilHydro set up a company to develop Shtokman

Russian gas monopolist Gazprom in cooperation with French Total and Norwegian StatoilHydro have jointly created a company to implement the first stage of development of the Shtokman gas and condensate field, the biggest in Russia.
      Gazprom will receive the major shareholding of the new company 51% of Shtokman Development AG. Total and StatoilHydro will control 25% and 24% respectively.
      The new company will operate as a proprietor of the infrastructure during the first stage of the project, for 25 years after bringing the gas field in commission. As soon as the first stage is completed foreign companies will give up their shares in favour of Gazprom.
      Russian Business


Next Previous

You might also find interesting:

Investment Environment in Russia is Negative for Foreign Investors
Russian Imports of Dairy Products May Reach a Minimum Level Over the Past 15 Years
Russia Can Tighten Control over the Activities of Foreign Payment Services
The Ministry of Economic Development is Changing Corporate Law
Online Trade in Russia is Growing

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Kemerovo Regional Museum Of Local History  Russian culture  Show Business  Sculpture  St. Petersburg  Ennio Morricone  Russian Antarctica  Mikhail Prokhorov  Ozwald Boateng  Rubles Fall  health  Exhibitions in Moscow  Russian spa resort  Russian society  Observatories   Russian Geographic Society  Nikita Mikhalkov  Tretyakov Gallery  Russian Literature  Severobaikalsk  Russian Cinema  Musicals in Moscow  Russian tourism  Leonid Bykov  Transaero  Elections 2012  Russian social networks  travel to Russia  Moscow Region  multipurpose museum center   Surgutneftegas  Romanovs  Kizhi  Russian retail chains  Emmanuel Emenike  embezzlement case  Ukraine  Moscow  Festivals in Moscow  Russia-Latvia  Mikhail Bulgakov  Norwegian fish  FIFA Russia 2018  Mercedes-Benz Fashion Week Russia  Soviet Mandala  Rusian Culture  Vandalism  Russian regions  US sanctions  Russian business 

Travel Blogs
Top Traveling Sites