Norwegian giant StatoilHydro’s project to exploit the resources of three gas fields in the Arctic Barent Sea (Snohvit, Albatross and Askeladd ) about 140km northwest of Hammerfest in Norway or the most northern LNG project in existence. The consortium consists of Statoil (22.9%), Petoro (30%), TotalFinalElf (18.4%), Gaz de France (12%), Norsk Hydro (10%), Amerada Hess (3.26%), RWE-DEA (2.81%) and Svenska Petroleum (1.24%).