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Gazprom expects Shtokman project delay

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MOSCOW, June 20 | Wed Jun 20, 2012 4:31am EDT

MOSCOW, June 20 (Reuters) - Russia's gas monopoly Gazprom said on Wednesday that it expects a delay in the Shtokman gas field project.

"Unfortunately, there will be a slight delay," Gazprom's Deputy Chief Executive Alexander Medvedev told journalists.

Gazprom has a controlling stake of 51 percent in Shtokman, which has reserves of almost 4 trillion cubic metres. Norway's Statoil owns 24 percent and Total 25 percent. (Reporting by Vladimir Soldatkin; Writing by Lidia Kelly; Editing by Alexei Anishchuk)

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