Statoil 'unmoved' over Shtokman exit talk

Musical chairs?: a meeting earlier this year chaired by Russian President Vladimir Putin (centre) with (from left) Deputy PM Igor Sechin and Gazprom executive chairman Alexei Miller opposite Statoil chief executive Helge Lund (left) and Total boss Christophe de Margerie

Statoil has reaffirmed its commitment to the stalled Shtokman gas project amid reports that it may be replaced by Shell, as top-level talks took place in Moscow on Friday.

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login

Upstream share price index