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Publish date: May 23, 2006
News
In recent weeks, Russia’s Gazprom has repeatedly delayed announcing foreign partners on the giant, multi-billion effort to develop the Shtokman field. U.S. oil majors Chevron and ConocoPhillips are competing with three European companies for job, RigZone reported.
"I think it would be useful, but I don’t think it’s imperative," Bodman said of the importance that Gazprom select at least one U.S. company."I’m hopeful it will happen," he said. "But if it doesn’t happen, I’m sure they’ll find other opportunities."
A Kremlin spokesman this week linked Gazprom’s decision on Shtokman to U.S. resistance to Russian entry into the World Trade Organization. The Kremlin also has bristled at recent criticism of Russia by Vice President Dick Cheney and other Bush administration officials. Gazprom, of which the Russian government is the majority-owner, has denied a political link to the Shtokman decision.
"They have their own decision-making process," Bodman said of Russia. "Often, in dealing with the Russians, they come close to making a decision, and then the world changes and so they want to add other factors to it."
Today the European Parliament voted in plenary on a variety of crucial climate files, including the Carbon Removal Certification Framework (CRCF) and the Net Zero Industry Act (NZIA). These votes send strong signals on the need for coherent climate policy which supports and manages the deployment of Carbon Dioxide Removal and Carbon Capture and Storage in an environmentally robust way.
We’re excited to share that we will be present at COP28! The Bellona Foundation will be hosting the Storytelling for Action Pavilion in the Blue Zone alongside BAFTA albert, Futerra and Think-Film Impact Production.
Safeguarding the chapters on CCS in the NZIA are crucial, so says the 23 co-signatories to our letter sent to EU Member States and European Parliament. The NZIA is a golden opportunity to ensure appropriate development of much-needed CO2 storage capacity, enabling industrial decarbonisation and a Just Transition by the retention of important welfare-carrying jobs in the harder-to-abate sector, while at the same time ensuring the proportionate contribution of Oil and Gas companies.
Overall, the target setting in the EU is an example that other regions of the world should follow in terms of creating demand for hydrogen in the right sectors, while backing it up with the renewable generation deployment to meet the demand from the electrolysers. However, the supportive landscape that could ensure targets are met is largely missing, leaving the EU strategy towards hydrogen use ambiguous and thus less effective.
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