Gazprom has launched production at the Yuzhno-Russkoye gas field to supply the Nord Stream gas pipeline. John Feldman, a board member at BASF, says the project is a success and it’ll reach full capacity in 2009.
“We have a 25% voting share in Severneftegazprom, the company that owns the licence to the field. On top of that we have a 10% non-voting share, so economically we have 35% in the production of this field,” said MrFeldman.