Norway's biggest oil and gas group Statoil said yesterday that it was pulling the plug on a major natural gas export deal to Poland
Published:
4 December 2003 y., Thursday
Norway's biggest oil and gas group Statoil said yesterday that it was pulling the plug on a major natural gas export deal to Poland as the parties to the deal found there was no longer any need for the agreement.
"Statoil and the state-owned Polish Oil and Gas Company (POGC) have found that no basis now exists for an earlier agreement covering substantial gas deliveries to Poland by the group," Statoil said in a statement.
The original deal, signed in 2001, foresaw exports beginning in 2008 and reaching a plateau of five billion cubic metres a year from Norway with the likely construction of a new pipeline.
As late as September, Prime Minister Kjell Magne Bondevik had expressed hopes of salvaging the export deal after talks with Polish President Aleksander Kwasniewski.
Statoil said that it was now in talks with POGC on the possibility of reduced deliveries to Poland via other pipelines.
Šaltinis:
gulf-news.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
A specific EU budget line for the new EU stabilisation mechanism should be created as soon as possible, to ensure its credibility, Council, Commission and Parliament negotiators agreed at a three-way meeting on Wednesday.
more »
New EU rule will help phone-users avoid astronomical bills for web-surfing and downloads abroad.
more »
The Communication approved today by the Commission builds on the principles presented on 12 May to reinforce the economic governance in the European Union.
more »
Eurostat report just published shows that the crisis has brought some lower taxes.
more »
New legislation is needed to ensure fair returns to farmers and transparent prices to consumers, by enforcing fair competition throughout the food supply chain, said Agriculture Committee MEPs on Monday.
more »
Fish imports play a crucial role in supplying the European market, yet fisheries and aquaculture are strategic sectors that do not lend themselves to a purely free-trade approach, believes the EP Fisheries Committee.
more »
I will support every proposal that strengthens cooperation among the European Union's Member States and serves Lithuania's interests," President of the Republic of Lithuania Dalia Grybauskaitė said at the meeting with EU Member States' ambassadors resident in Lithuania.
more »
The fourth World Lithuanian Economic Forum “High tech innovation & investment: local to global” will start in London on 22 June.
more »
Lithuania aims for the five Nordic countries and three Baltic States to become single community of values, which would be linked by a versatile quality of democracy, security and everyday life.
more »
MEPs decided on Wednesday to create a special committee to prepare for the EU's next long-term budgetary framework.
more »