Russian President to provide additional tax discounts for developemnt of Shtokman gas field

Russian President Vladimir Putin has promised to provide additional
tax discounts for development of the Shtokman Gas Field if
necessary, RIA-Novosti reports, referring to Alexei Miller, the CEO of
the Russian company Gazprom.

The Shtockman gas project is shared by Gazprom (51 percent stake),
France's Total (25 percent) and Norway's Statoil (24 percent).
The Shtokman field is located 600 kilometers northeast of Murmansk in
the Russian sector.