Russia Snubs Europe in Arctic Gas Project

Gazprom says it will develop a major Barents Sea deposit alone, ending talks with would-be EU and U.S. partners and foiling "energy integration"

Russia's Gazprom says it will develop the Shtokman gas field in the Barents Sea alone, which could deal a blow to Norway's plan to help integrate Russia with Europe via major Arctic energy projects and dash the plans of major European firms.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.