February 1, 2010
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Home / News / Today's Headlines / Shtokman is Dead, Says PetroArctic Boss


Shtokman is Dead, Says PetroArctic Boss

The current marked developments for natural gas is not in favor of a development of the huge offshore Shtokman-field in the Barents Sea.

Arvid Jensen, head of PetroArctic, one of Norway's strongest lobbyist for oil- and gas development in the north, says in today's edition of Nordlys that he thinks the entire Shtokman development plans are over.

- The Shtokman project is dead, says Jensen in an interview with Nordlys.

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