A new look at the arctic resources

... the project has also been postponed (last time it was delayed till July 01). It is fraught with further delays of the actual launch and endangers the beginning of gas supplies initially planned for 2016. Regardless of the persisting uncertainty for Shtokman field future, new measures of the Russian government to stimulate the involvement of private companies in the Arctic offshore projects have produced an impressive jumpstart. Further steps towards this direction, including the increase of the private companies’ participation interest and an optimal ratio between private and public funding of the launch costs ...