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
European cities may still be feeling the pinch of the global recession.
more »
The EBRD Board of Directors has approved a $50 million convertible loan to Petrolinvest to finance the completion of exploration works at the company’s main oilfields.
more »
The European Commission welcomes the adoption today at the United Nations in Geneva of the first international regulation on safety of both fully electric and hybrid cars.
more »
Bloomberg has today announced that Lithuania had the outlook on its credit rating raised by Fitch Ratings after the Government implemented an austerity program to curb the budget deficit.
more »
In January 2010, compared with December 2009, the highest increase in retail trade in the EU-27 Member States was observed in Lithuania.
more »
Three thousand former car, refrigerator and construction workers in Germany and Lithuania will get €7.6 million in EU globalisation adjustment fund aid for training, self-employment and job guidance after Parliament gave the green light on Tuesday.
more »
Some 80% of Europeans continue to travel for their holidays according to a new Eurobarometer survey on ‘The attitudes of Europeans towards tourism 2010’.
more »
The EU's internal market will be under scrutiny Tuesday when a series of reports will be debated by MEPs in Strasbourg.
more »
EU Employment and Social Affairs Ministers today agreed on a new facility to provide loans to people who have lost their jobs and want to start or further develop their own small business.
more »
Over €7.6 million in financial aid for training and self-employment could be available to former workers in German and Lithuanian if MEPs back the measures Tuesday.
more »