UN envoy slams anti-Russian sanctions imposed over North KoreaRussian Politics & Diplomacy August 23, 21:29
Criminal case over Ukraine's map without Crimea and Donbass opened in KievWorld August 23, 21:17
Netanyahu says every encounter with Putin benefits Israel’s securityWorld August 23, 19:15
Netanyahu determined to prevent Iran from strengthening positions in SyriaWorld August 23, 18:21
Russia's military might on display at Army-2017 forumMilitary & Defense August 23, 18:20
Russian defense minister examines weapons seized from terrorists in SyriaMilitary & Defense August 23, 18:12
Grand Russian art exhibition to be held in Vatican in 2018Society & Culture August 23, 17:47
Argentinian footballer Emiliano Rigoni signs contract with Russia’s Zenit FCSport August 23, 17:36
German chancellor suggests exerting diplomatic pressure on North KoreaWorld August 23, 17:01
CHEREPOVETS, September 5 (Itar-Tass) — All the decisions related to investment in the construction works under phase one of the Shtokman offshore field project will be taken before the yearend, Prime Minister Vladimir Putin said Monday as he addressed a conference of the United Russia party members living in Russia’s Northwestern Federal District.
He indicated that the country’s major producer and exporter of natural gas, Russian gas major Gazprom, was compelled to suspend works at the Shtokman gas and condensate field owing to an unfavorable market situation.
“Yet we are not going to shelve this project,” Putin said. “All the decisions on investing in its first phase should be taken before the end of this year.”
He indicated that the implementation of phase one might be over in the third or fourth quarter of 2016.
As for the commissioning of a gas liquefaction plant, is has been scheduled for 2017.