The Shtokman gas and condensate field - one of the biggest offshore fields of its kind - was discovered in 1988. The field is located in the central part of the Russian sector of the Barents Sea shelf, about 600 km northeast of the city of Murmansk at sea depths varying from 320 to 340 m.
The field’s C1+C2 reserves account for 3.8 tcm of gas and circa 37 mln t of gas condensate.
The Gazprom Dobycha Shelf - a 100 percent Gazprom subsidiary - holds the license to the project. The operator company is the Shtokman Development Company, a Swiss-registered joint venture of Gazprom (51%), Total (25%) and Statoil (24%).
The Shtokman gas will be shipped partly by pipeline, partly as LNG.
According to plans, the field is to be in production from year 2016.
The village of Teriberka located northeast of Murmansk City has been chosen as the main hub for Shtokman operations.
The Shtokman project
The Shtokman field in the Barents Sea is one the world's biggest offshore gas fields.
Link: Gazprom's Shtokman section
