Not negotiating on Shtokman

November 15, 2006, 14:45 CET

A number of articles have been published in the media today, 15 November, indicating that Statoil has started new negotiations associated with the Shtokman development. This is not true.

Gazprom has announced that it will develop Shtokman without international partners. Statoil has taken note of this. Statoil has not commenced any new negotiations or discussions about the Shtokman development. Comments that give any other impression are not true.