The parties discussed the course of implementation of the first stage of Stockman deposit development project, including the work of operating-companies occupied in preparation of final investment decision making in 2010, was stated.
It is necessary t remind that on July 13, 2007 Gasprom and Total signed a framework agreement on basic co-operation terms in development of first stage of Shtockman gas-condensate deposit. An equal agreement was signed between Gasprom and StatoilHydro on October 25, 2007.
A special purpose entity Shtockman Development AG was founded in February, 2008 under the agreement. Gasprom’ stake in the entity’s charter capital amounts to 51%, Total - 25%, StatoilHydro - 24%.