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. Last Updated: 07/27/2016

Shtokman Decision Delay

MURMANSK — Gazprom and partners in Shtokman extended an investment decision on developing the Arctic offshore deposit, Gazprom chief Alexei Miller said Thursday

A decision will be made in the first half of next year, Miller said. Shtokman Development, which is also owned by 25 percent by France’s Total and 24 percent by Norway’s StatoilHydro, had said it would decide in March.

(Bloomberg)