Gazprom (OGZPY.PK) indefinitely postpones development of its giant Shtokman gas field, the...

|By:, SA News Editor

Gazprom (OGZPY.PK) indefinitely postpones development of its giant Shtokman gas field, the latest delay to its efforts to tap the field in the Russian Arctic with France's Total (TOT) and Norway's Statoil (STO). The decision comes after disagreements between the companies over investment terms have repeatedly stalled development.