Joint letter – Time to strengthen EU-UK cooperation by linking the EU and UK ETS
In the run up to the EU-UK Summit on May 19th, Bellona and a broad coalition of EU and UK stakeholders are calling on the European Commission and the...
News
Gazprom to allocate about 650 million dollars on Shtokman field development
Publish date: January 30, 2007
Shortcuts on this page
News
Gazprom to allocate about 650 million dollars on Shtokman field development
Gazprom Board of Directors affirmed an investment program, a budget and a cost reduction program for 2007.
The company will allocate about 650 million dollars on Shtokman gas condensate field development, which will start in 2007. Prirazlomnoe field development will cost the company about 420 million dollars in 2007.
Prirazlomnoe oil field can become the first developed oil field on Russia’s Arctic Shelf, B-port.com reports. The field is planned to be put in operation in 2008.
Gazprom plans to allocate about one billion dollars on gas transport system extension in the north-west of Russia and for gas supply via Nord Stream gas pipeline.
More News
All news
6th meeting of the Carbon Removal Expert Group summary and feedback
The Carbon Removal Certification Framework (CRCF) has been formally approved by the Council on the 19th of November 2024 and entered into force on the 9th of December 2024, providing an official mandate for the Commission to develop methodologies on carbon farming and carbon removals. However, the technical documents and specifications are still being drafted and revised for input from the Carbon Removals Expert Group (CREG), of which Bellona is a member.
Press Release – 2040 Target: EU must stick to stated commitment to 90% target to retain industrial competitiveness
Recent reports suggest Commission is backsliding on 2040 target commitment. Flexibilities reportedly being discussed include a weaker traje...
Norway opens new Arctic oil fields – named after sea ice phenomenon that the very same oil will contribute to melting
Monday this week, Norwegian state-owned petroleum company Equinor (with partners Vår Energi and Petoro) started production at a new Arctic site, with...
Subscribe to our newsletter
Get our latest news