
ConocoPhillips' CEO and Chairman Jim Mulva has met with Gazprom boss Alexei Miller over the Shtokman development.
According to a news release from Gazprom, the two discussed the Shtokman development and liquefied natural gas (LNG) supplies to markets in North America, with special focus on the first phase of the development.
The Shtokman natural gas field, located Russia's Barents Sea, holds estimated reserves of estimated 3.2 Tcm of natural gas and 31 million tons of condensate.