Source Pravda.Ru

Second Meeting Concerning Construction of North-European Gas Line Held in St. Petersburg, December 20

A joint workgroup of the Gazprom gas company, Russia's largest, and the administration of the Leningrad Region had a meeting in St. Petersburg yesterday concerning the construction of the North-European gas pipeline. This is according to the press service of the regional administration.

The programme of the meeting included a presentation entitled 'A Declaration of Intent as to Investing in the Construction of the Gryazovets-Vyborg Pipeline'. The parties discussed the timetables of and their actions as to the project, including public hearings.

The project provides for laying a gas pipeline to Europe on the bottom of the Baltic Sea and the construction of sidelines to the Kaliningrad Region, Finland, Sweden, and Denmark. The pipeline will be also used to supply gas to Great Britain. It will enable Russian gas to directly connect the gas transportation systems of Russia and Europe.

Initially, gas will be supplied from the Nadym-Pur-Taz gas fields in the Yamal-Nenetsky Autonomous District and later from the Yamal-Ob-Taz bay and the Shtokman gas fields. Preliminary research work for the construction is expected to begin in January 2003.

The land portion of the pipeline to cross the Leningrad Region will be 568 km long, the sea portion - 1,089 km-long. The cost of the construction of the land portion is expected to amount to USD 1 billion, that of the sea portion - USD 2.8 billion. The projected annual capacity of the one-run gas pipeline is 19.7 billion cubic metres. Once the second run is completed, the annual figure should reach over 30 billion cubic metres. So far, such companies as German Ruhrgas, Finnish Fortrum, and Dutch Gazuni have displayed interest for participation in the project.

Ukrainian bloggers draw a parallel between the events in East Timor and the Crimea. Any comparison has a right to exist, but a detailed analysis of the situation does not give a promising forecast to Ukraine

Ukraine dreams of what it can do to Crimea after winning war with Russia
Comments
The end of the theory of a Nobel Prize in chemistry?
Aretha Franklin: A colossus, a woman, a lady, a light and a soul
Russia to respond with military-strategic blow to new USA's sanctions
Putin in Austria: Europe doesn't like Russia very much, but it is fed up with USA too
Putin in Austria: Europe doesn't like Russia very much, but it is fed up with USA too
Peculiarities of Russian sex
Russia must build strong Orthodox coalition in Europe to defeat the West
Ukraine dreams of what it can do to Crimea after winning war with Russia
Putin in Austria: Europe doesn't like Russia very much, but it is fed up with USA too
Putin in Austria: Europe doesn't like Russia very much, but it is fed up with USA too
Aretha Franklin: A colossus, a woman, a lady, a light and a soul
The Sham called Democracy
The Sham called Democracy
Ukraine dreams of what it can do to Crimea after winning war with Russia
Aretha Franklin: A colossus, a woman, a lady, a light and a soul
Ukraine dreams of what it can do to Crimea after winning war with Russia
The Sham called Democracy
Ukraine dreams of what it can do to Crimea after winning war with Russia
Ukraine dreams of what it can do to Crimea after winning war with Russia
Ukraine dreams of what it can do to Crimea after winning war with Russia
Default more likely to hit American, rather than Russian economy