12 September 2013

Shtokman Development AG at RAO/CIS Offshore

Shtokman Development AG at RAO/CIS Offshore
“Shtokman Development AG” traditionally took part in the RAO / CIS Offshore, which was held in St. Petersburg from 10 to 13 September 2013.
On behalf of the Company presentations were made by Acting VP for TEO and Phases II and III Interface D.G. Seregin and Head of Corporate Relations Department A.K. Krivorotov. The main aspects for consideration were the special features of liquefied natural gas (LNG) production in the Arctic and the global trends in legal regulation of Arctic shelf development.
Company representatives made a brief overview of the current situation at consumer markets and the issues concerning tax benefits granted by government using examples of international experience in LNG production, transportation and marketing.
Those issues of oil-and-gas company business have become the most topical at the moment and finding solutions for them is now one of the “super-tasks” for all market players.