Financial Times FT.com

Shtokman offers hope of turning tide for big oil

By Javier Blas and Ed Crooks

Published: July 10 2007 03:00 | Last updated: July 10 2007 03:00

It may be only a small success but the Shtokman field looks like a victory for international energy companies.

Gazprom has said foreign companies will be allowed to share in the rewards and risks of the project developing the gas field as partners.

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