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Marathon commitment required for Shtokman
.jpg) Russian suppliers jockeying for position to win work from the Shtokman project have been told by the head of the development company behind the project that they can expect to be involved long term for up to 70 years.
Yuri Komarov, chief executive of the Shtokman Development Company AG (SDAG) was speaking at a Russian suppliers' meeting in the Arkangel region, organised by Sozvezdie, the regional association of oil and gas suppliers, which was attended by 15 executives of SDAG.
Regional businesses are said to be seeking to develop closer relations with the Shtokman Development company as part of their effort to win work from phase one of the Barents Sea project.
“We are not sprinters. You should be prepared for a long [distance] run,” Komarov was reported as saying at the suppliers meeting.
“The companies which win our tenders now will probably be involved in the Shtokman project for 50 or even 70 years on the further stages of its development,” Komarov was quoted as saying by the Barents Observer.
Also Herve Madeo, SDAG vice-president, who was seconded from Total for the Shtokman project, said suppliers in Russia would be given an equal chance to participate in the development, “This will be a fair competition, but at all equal positions priority will be given to Russian companies,” Madeo was quoted as saying.
Both he and Komarov also re-emphasised that the final investment decision for the development is still scheduled to be made early next Spring.
Up to 160 companies in the Arkhangel region have put their names forward to try and provide goods and services for Shtokman, and their details are within a database held by Sozvezdie, the Barents Observer said.Advertisement
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