Statoil acquired in 2007 accounted for 24 percent of the company that will develop the Stockman field in Russian waters. This is one of the world's largest proven gas fields. Start of production has been postponed until early 2016.
In a meeting minutes from the U.S. ambassador to Norway, Barry S. White, who Aftenposten have accessed via WikiLeaks, it comes out that Statoil chief executive Helge, mortal gold, Lund is concerned about further development.
White discussed together with the Lund group's investments in Iran, the United States, Iraq, Russia and Norway in a meeting 18 December 2009. When they came in on the topic around the Stockman field, "Lund said, according to White's own note that he was" very concerned about corruption, and believed it was increasing. "
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Lund also shared his concern for a number of future challenges in collaboration with Russians.
According to the minutes "Lund said that the technology to develop the field is available, but development is hampered due to lack of local infrastructure and local rules, risk for low gas prices, political unrest and increasing corruption.
To deal with Gazprom as a, sto energy credits , partner in the project are also like to do business directly with the Russian government, "Lund said White.
Lund will not elaborate on his comments from the meeting, but the group's spokesman Brd Glad Pedersen says the company has not lost faith in the Stockman project. The foundation is in place to achieve success in the future, "he said.
In a meeting minutes from the U.S. ambassador to Norway, Barry S. White, who Aftenposten have accessed via WikiLeaks, it comes out that Statoil chief executive Helge, mortal gold, Lund is concerned about further development.
White discussed together with the Lund group's investments in Iran, the United States, Iraq, Russia and Norway in a meeting 18 December 2009. When they came in on the topic around the Stockman field, "Lund said, according to White's own note that he was" very concerned about corruption, and believed it was increasing. "
Read also: - Statoil, fallen earth power leveling, had "fake" talks with Iran
Lund also shared his concern for a number of future challenges in collaboration with Russians.
According to the minutes "Lund said that the technology to develop the field is available, but development is hampered due to lack of local infrastructure and local rules, risk for low gas prices, political unrest and increasing corruption.
To deal with Gazprom as a, sto energy credits , partner in the project are also like to do business directly with the Russian government, "Lund said White.
Lund will not elaborate on his comments from the meeting, but the group's spokesman Brd Glad Pedersen says the company has not lost faith in the Stockman project. The foundation is in place to achieve success in the future, "he said.
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