Even if icebergs are unlikely to halt the world’s largest single energy development, they would make the US$30 billion-plus project by Russia’s gas monopoly Gazprom yet more expensive as the global hunger for resources grows.
"Our studies show that, as the Arctic climate gets milder, the risks of huge iceberg formation and ice storms in the Barents Sea will grow significantly by 2015," said Alexander Frolov, deputy head of state weather forecaster Rosgidromet.
"When we talk about such a large project as Shtokman, we can’t just ignore these risks," Frolov told Reuters.
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