Friday, 27 July 2007

Gazprom eyes more partners for Shtokman - Medvedev

(Reuters) - "There could be two models for this -- it could be where our
partners join the project as fully fledged participants in the
equity of the joint company, or as ... contractors which in my
view ... could create a little less stability in relations."




France's Total recently agreed to take a 25
percent stake in a special purpose entity that will develop the
first phase of Shtokman, a vast field in the Barents Sea that
has enough reserves to supply the world for a year.


Read more at Reuters.com Mergers News

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