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johnsyn

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johnsyn

Re: None

Tuesday, 08/07/2012 8:44:24 AM

Tuesday, August 07, 2012 8:44:24 AM

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8:27 AM Statoil (STO) says it is still considering its options for the giant Shtokman gas project, following reports in the Russian press that it had pulled out of development. Russia's Gazprom operates Shtokman, Statoil has a 24% interest, and Total has 25%; Royal Dutch Shell may be poised to join the project, possibly replacing Statoil. SA

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