September 29, 2016 8:16 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Shtokman Development AG

Company Overview

Shtokman Development AG engages in the design, financing, construction, and operation of the Shtokman gas condensate field. Its gas condensate lies in the center of a shelf zone of the Russian sector of the Barents sea. The company was founded in 2008 and is based in Zug, Switzerland with additional offices in Moscow, Murmansk, and Teriberka. Shtokman Development AG operates as a subsidiary of Public Joint Stock Company Gazprom.

Alpenstrasse 2

Zug,  6301


Founded in 2008


41 41 544 93 23


41 41 544 93 24

Key Executives for Shtokman Development AG

Chief Executive Officer
Head of the Gas, Gas Condensate & Oil Production Department and Director
Age: 50
Head of Legal Department and Director
Age: 45
Compensation as of Fiscal Year 2016.

Shtokman Development AG Key Developments

Shtokman Development AG Announces Executive Changes

On 2 September 2016, Mr. Pavel Oderov, Head of Department of PAO Gazprom, has been appointed the Chief Executive Officer of Shtokman Development AG (as his secondary occupation) by a resolution of the company' s Board of Directors. Mr. A.Zagorovskiy has been dismissed from this position because of his new appointment as the Managing Director of Nord Stream AG.

Shtokman Development AG Announces Management Appointments

Shtokman Development AG announced at the AGM held on July 14, 2015, the shareholders elected: Alexey Miller, Chairman of the Management Committee of JSC Gazprom; Alexander Medvedev and Vitaly Markelov, Deputy Chairman of the Management Committee of JSC Gazprom, Nikolai Dubik and Vsevolod Cherepanov, Heads of Departments of JSC Gazprom.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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