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    Reuters: Talks to save Shtokman gas project go down to wire

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Summary

Shtokman field, which holds 3.9 trillion cubic metres of gas, more than the entire Norwegian continental shelf.

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Press Notes

Reuters: Talks to save Shtokman gas project go down to wire

Negotiations to save a Gazprom-led consortium charged with developing one of the world's biggest natural gas fields continued on Friday, sources close to the consortium said as a Kremlin-imposed deadline drew near.

Gazprom's partners in the Shtokman Development Consortium, Statoil and Total, were in St Petersburg attempting to hammer out a new agreement, which could be announced at the Russian government's annual economic showcase that ends on Saturday afternoon.   MORE