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 $6 billion and would involve the construction of a 1,875-mile link from northern Russia to Germany, with offshoots to the UK, Finland and Sweden.
Shell spokesman said that as far as the pipeline construction will unlikely be completed before 2010, the pipeline is a "potentially favourable option" for expanding transportation capacity.
Šaltinis:
Neftegaz.ru
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
On 31 August 2009 in a non-public way AB Bank SNORAS issued the emission of perpetual debt securities included into the bank capital amounting to LTL 72.5 million.
more »
The European Commission, through its longstanding cooperation with the US and Canada, announces the launch of 33 new and innovative projects involving universities and training institutions on both sides of the Atlantic.
more »
Today at the VII World Congress on Alternatives and Animal Use in the Life Sciences in Rome, the European Commission and the European cosmetic industry presented their joint financial effort for research into alternative safety testing methods.
more »
SEB Bank, the largest bank in Lithuania, invests almost LTL 4.6 million in to the upgrade of its data transmission network.
more »
The World Bank’s Board of Executive Directors today approved a credit of US$ 36.6 million equivalent of additional financing for the Lifeline Road Improvement Project for Armenia.
more »
The Executive Board of the International Monetary Fund (IMF) today completed the first review of Latvia's performance under an economic program supported by a 27-month Stand-By Arrangement.
more »
The Commission has today decided to close the formal investigation procedure into the privatisation and restructuring of Austrian Airlines concluding that the restructuring following its sale to Lufthansa is compatible with community law.
more »
Ben Bernanke's reappointment as head of the Federal Reserve did not come as a surprise, but Wall Street still responded with the proverbial thumbs up.
more »
Over I half-year 2009 accommodation establishments had by 22 per cent less guests.
more »
In the first such transaction in Russia, carbon credits generated by utilising gas which would otherwise be flared at an oilfield in eastern Siberia are to be purchased through a carbon fund set up by the EBRD and the European Investment Bank (EIB), the Multilateral Carbon Credit Fund (MCCF).
more »