Russian national gas monopoly GAZPROM said it seeks a British partner for a $6 billion plan to supply Siberian gas to Western Europe via a pipeline across the Baltic Sea
Published:
10 August 2004 y., Tuesday
Russian national gas monopoly GAZPROM said it seeks a British partner for a $6 billion plan to supply Siberian gas to Western Europe via a pipeline across the Baltic Sea.
Gazprom negotiated with such companies as oil majors Shell, BP and British gas company Centrica, with US investment bank Goldman Sachs said to be advising on the deal.
The pipeline is expected to cost up to $6 billion and would involve the construction of a 1,875-mile link from northern Russia to Germany, with offshoots to the UK, Finland and Sweden.
Shell spokesman said that as far as the pipeline construction will unlikely be completed before 2010, the pipeline is a "potentially favourable option" for expanding transportation capacity.
Šaltinis:
Neftegaz.ru
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
EBRD to pay 4.6 billion roubles for 11.75 percent stake.
more »
On 24 November in London a letter of intent will be signed between Alytus Municipality and the Spanish aluminium company “Sopena group” regarding investments of the “Sopena group” in Alytus.
more »
Tourism opportunities in Dzūkija Region of Lithuania and other issues of incoming tourism promotion were the main topics of the meeting of the Mixed Intergovernmental Commission on Trade and Economic Cooperation between the People’s Republic of China and the Republic of Lithuania.
more »
On 22-23 November in Kiyv, foreign ministers of Lithuania, Ukraine and Belarus discuss trilateral cooperation and participation of Belarus and Ukraine in the Eastern Partnership of the European Union.
more »
The Kozloduy International Decommissioning Support Fund is supporting an innovative programme to boost energy savings and efficiency of public buildings in Bulgaria with a €5 million grant.
more »
Bank DnB NORD’s Economic Research Group predicts that out of the six Baltic Rim countries, moderate economic growth will be seen in Poland, Finland and, possibly Estonia in 2010, while Denmark, Lithuania and Latvia will need more time to climb out of recession.
more »
In a meeting in Brussels of the European Bank Coordination Initiative held on 19 November 2009, the parent banks of the six largest foreign banks active in Hungary reaffirmed their commitments made in May 2009 to support their subsidiaries.
more »
On 17 November 2009, the Board of AB Bank SNORAS decided to establish the bank’s representative office in London.
more »
The European Commission has approved, under EC Treaty state aid rules, two capital injections in favour of 'The Mortgage and Land Bank of Latvia' (LHZB).
more »
The government of G hana will tomorrow sign an historic agreement with the EU aimed at ensuring that only legally harvested timber from the West African country is exported to the EU market.
more »