Gazprom Shtokman Deal May Be Delayed on Talks, IFX Reports

OAO Gazprom Chief Executive Officer Alexey Miller said a new agreement with partners on the development of the Shtokman project may be delayed, Interfax reported.

Gazprom and partners France’s Total SA (FP) and Norway’s Statoil ASA (STL) may need more time as they continue talks, the Moscow-based news service said, citing Miller.

Miller said on June 29 the new agreement on Shtokman may be signed this week. Gazprom’s shareholder agreement for the Arctic venture ran out on July 1.

To contact the reporter on this story: Anna Shiryaevskaya in Moscow at ashiryaevska@bloomberg.net

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net

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