Article: Russia : Finnish companies seeking contracts relating to Shtokman gas field in Barents Sea.

Byline: sanjayV03

When the prime ministers of Finland and Russia met in St. Petersburg last Sunday, one of the Russian delegates, Viktor Khristenko, the Russian Minister of Industry and Energy, pointed out that Russia is interested in Finnish expertise regarding the development of the Shtokman natural gas deposit in the Barents Sea.

The Shtokman project is technically very challenging, as the natural gas is extracted in Arctic conditions from the bottom of the ocean.

The project is valued at more than USD 20 billion - from which amount the Finnish companies also wish to receive profits.

At a joint press conference, the Russian Prime ...

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