Russia's Defense Ministry says US-led coalition unlikely to launch battle for Raqqa soonRussian Politics & Diplomacy March 25, 19:06
Russia cuts oil production by 185,000 barrels per day as of today — energy ministerBusiness & Economy March 25, 18:30
OPEC has no objections to speed of Russia's oil production cutsBusiness & Economy March 25, 12:38
Opposition leader Vladimir Neklyayev detained in Belarus - news agency directorWorld March 25, 5:33
Russia submits amicus curiae brief to US Supreme CourtRussian Politics & Diplomacy March 25, 3:34
Russia, China suggest for UN SC to adopt resolution on chemical terrorism threatRussian Politics & Diplomacy March 25, 3:23
Russian lawmaker compares European Union to Soviet UnionRussian Politics & Diplomacy March 25, 3:16
Russian emergencies ministry says fire at Kazan’s gunpowder factory fully extinguishedWorld March 25, 3:01
Relations btw US, Russia worst over half-century - Lukin quoting KissingerRussian Politics & Diplomacy March 25, 2:58
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.