Gazprom, Total and Statoil delayed until the end of the year a final investment decision on the Shtokman natural-gas project in Russia’s Arctic waters. The project is still expected to start production in 2016 for delivery to the Russian and European markets, and liquefied natural gas output will follow a year later, Shtokman Development, the Gazprom-led project’s operating company, said in a statement Wednesday. “The Shtokman project is a priority for all […]