“Shtokman companies should be registered in Murmansk”

The companies engaged in the development of the Shtokman field should be registered in Murmansk, the region’s new governor Dmitry Dmitriyenko maintains.

In a meeting with the Murmansk regional parliament, Mr. Dmitriyenko underlined that the companies involved in the development of the Shtokman field should be registered in Murmansk. That will help boost the region’s tax revenues, he said.

He also said that he would go to Moscow this week to raise the issue in talks with federal authorities, a video report from the Murmansk regional administration says.

A major number of Russian and foreign companies will be involved in the Shokman project, one of the biggest ever of its kind. The operator company itself, the Shtokman Development AG, is registered in Switzerland.

Dmitry Dmitriyenko was last week approved as the new governor of Murmansk Oblast. He replaced the long-serving Yury Yevdokimov, who was an active proponent of international cooperation in the Shtokman project. On several occasions, Mr. Yevdokimov called the Shtokman field a pilot project for international offshore cooperation in the Arctic.

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