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.
"Gazprom will develop the giant Shtokman gas deposit off Russia's Arctic shelf without foreign companies," Alexei Miller, the energy giant's CEO, told Russia Today TV on Monday (9 October), Russian state-owned news agency Ria Novosti reports.
<...Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? LoginAndrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.
Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.