Shtokman Lng Terminal

Related Pages

• Russia Oil and Gas Profile
• Russia Oil and Gas News

LNG Terminals in Russia

• Shtokman Lng Terminal
• Sakhalin 2 LNG Terminal
• Yamal LNG Terminal Project
• Vladivostok Lng Terminal Project

Gazprom LNG Terminals

• Shtokman Lng Terminal
• Sakhalin 2 LNG Terminal
• Yamal LNG Terminal Project
• Vladivostok Lng Terminal Project

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Summary Information

• Ownership: Gazprom
  • Gazprom holds a 51 per cent stake in the company, while Total and Statoil – a 25 and a 24 per cent stakes accordingly
• Website: http://gazprom.com/
• Location: Barents Sea shelf, about 600 kilometers northeast of the city of Murmansk, Russia
• Capacity: million tons/annum
• Status: Planned

Brief Description

• The Shtokman field is situated in the central part of the Russian sector of the Barents Sea. C1 reserves of the field make up 3.9 trillion cubic meters of gas and 56 million tons of gas condensate.
• The Shtokman field will become a resource base for building up deliveries of Russian gas both by pipeline and in the form of LNG

Technical Details

• Storage capacity:
• Constructor: CB&I: Feed Contract
• Licensor:

Ongoing Projects/Project Status

• It is planned to take the final investment decision on pipeline gas production in March 2011 and the decision on LNG production – Phase 2 – before the end of 2011. Such an approach will enable to launch pipeline gas and LNG production in 2016 and 2017 accordingly.

Suppliers / Customers

• Suppliers: The Shtokman Gas Field
• Customers:

History

• 1988 - The Shtokman gas and condensate field was discovered
• 2008 - Gazprom, Total and Statoil (StatoilHydro then) signed the Shareholders Agreement on establishing Shtokman Development AG, a special-purpose company to engineer, design, construct, finance and operate Phase 1 facilities intended for the Shtokman field development.
• 2010 - CB&I Awarded Feed Contract

Other Information

• The project was originally conceived as a way to supply the US gas market

Relevant Links

1. Shtokman, Webpage
2. CB&I Awarded Feed Contract for Shtokman LNG Export Terminal Project
3. Gazprom and Sovcomflot sign a Cooperation Agreement on Shtokman field LNG transportation
4. Heads of Gazprom, Statoil and Total discuss implementation of the Shtokman project
5. Heads of Gazprom, Statoil and Total discuss cooperation as part of Shtokman project

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