With five years left to production startup, nothing has been done in Teriberka, the main hub for the Shtokman project development. The Shtokman Development AG now announces a number of new project tenders, and still maintains that the project is on schedule.

As BarentsObserver has reported, the Shtokman Development in April posted several project tenders on its website with deadlines of 25 May. Now, the company's head of supplier surveys Andrei Plis confirms that several more tenders are in the pipeline, the Moscow Times reports.

The Shtokman developers are in a big hurry. The company is soon running out of time if it is to meet the project deadlines on several occasions proclaimed both by the company leadership as well as Gazprom representatives. The project