February 5, 2010 / 2:34 PM / 10 years ago

Gazprom delays giant Shtokman field by 3 years

MOSCOW, Feb 5 (Reuters) - Russia’s gas export monopoly Gazprom (GAZP.MM) said on Friday it had agreed with Total (TOTF.PA) and Statoil STL.OL to delay the giant Shtokman gas field by 3 years due to major changes in the global gas markets.

The company said in a statement pipeline gas production from Shtokman will start in 2016 instead of 2013 while liquefied gas output will begin in 2017 instead of the earlier planned 2014.

Reporting by Dmitry Zhdannikov, Editing by

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