Kazakhstan Lobbies $1.5Bln Gas Pipeline Project
Published:
8 October 2003 y., Wednesday
Kazakhstan plans to double the capacity of the main gas pipeline from Central Asia to Russia, and wants the European Bank for Reconstruction and Development to join the project, an official said Tuesday.
Azat Bekturov, deputy department chief at state gas transportation firm KazTransGas, told reporters the $1.5 billion project aims to boost the annual capacity of the Central Asia-Center pipeline to 90 billion cubic meters from 45 bcm to 50 bcm.
Bekturov said the Kazakh government planned to borrow funds to pay for the 10-year project.
"We have a goal to work together with the European Bank for Reconstruction and Development," he said at the sidelines of an annual international oil and gas conference.
"We hope for their weighty contribution to this project." He said the feasibility study would be ready by May next year.
The Central Asia-Center pipeline now transports Turkmen natural gas which is sold mainly in Ukraine. Gazprom, which is the largest supplier of natural gas to Europe but also buys cheap Central Asian gas, clinched a vital gas deal with Turkmenistan earlier this year.
Šaltinis:
themoscowtimes.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Today, the Commission published a Communication which outlines the most serious tax problems that EU citizens face in cross-border situations and announces plans for solutions.
more »
The European Commission has opened a formal investigation under EU state aid rules to examine a number of support measures, including several capital injections and shareholder loans, that the Hungarian authorities granted to Malév-Hungarian Airlines in the context of its privatisation and subsequent renationalisation.
more »
Internet and lax customs enforcement drive growth of 600 billion US dollar counterfeit goods industry.
more »
350 million people rose out of poverty in the past decade, but 1.4 billion are still extremely poor, says the latest report into rural poverty.
more »
New plan sets out action to reach 75% employment target for the EU by 2020.
more »
Research Ministers of the EU Member States and Associated Countries, together with the European Commission, are announcing in Brussels today three new pan–European energy research infrastructures.
more »
Algirdas Šemeta, Commissioner for Taxation, Customs, Audit and Anti-fraud, is visiting Moscow today to discuss ways in which customs cooperation between the EU and Russia can be reinforced.
more »
Following on from Monday's debate with ECB President Jean-Claude Trichet, MEPs on Tuesday adopted a resolution, by a show of hands, gauging the ECB's performance in 2009 and suggesting actions to be taken in view of the economic situation.
more »
The European Parliament today approved €10.5 million in European Globalisation Adjustment Fund aid to over 3,000 people in the Netherlands who lost their printing and publishing sector jobs last year, due to the economic crisis.
more »
A diamond-studded gold coin engraved with a picture of the Taj Mahal and worth 100,000 euros is unveiled at the Paris mint.
more »