Gazprom LNG Push

摘要

Forced to put its Barents Sea Shtokman LNG project on hold last year, Russia's state Gazprom has agreed to set up a joint LNG venture with independent Novatek on the Yamal Peninsula in northwestern Siberia. The region is already home to Novatek and Total's proposed Yamal LNG scheme, seen as a key Shtokman rival. Gazprom said a project schedule, financing and deadline for an investment decision should be approved by the end of the year.