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Saturday, August 20, 2005

Gazprom starts building North European Gas Pipeline

ST.PETERSBURG, August 19 (Itar-Tass) - Gazprom has started the building of the North European Gas Pipeline on the territory of the Leningrad Region. The first 100 kilometres of the pipeline will be laid on the territory of the Boksitogorsk District within six months, a representative of the press service of the governor of the Leningrad Region reported on Friday.
The gas pipeline will go as well by the Tikhvin, Volkhov, Vsevolzhsk and Vyborg Districts of the Leningrad Region. It will permit to resolve the problem of gas supply to the cities and villages of those districts.
At present, gas is supplied to 60 per cent of their populated localities, but the figure will be brought to 100 per cent within the coming two years. Gas will be supplied to all the populated localities, which need it.
The implementation of the project by Gazprom is connected with the beginning of the development of the Yuzhno-Russkoye gas field, which is the main base for export deliveries of natural gas. The building of the pipeline by the territory of the Leningrad Region and by the seabed of the Baltic Sea is one of the key projects of Gazprom.
The pipeline will ensure Russian gas deliveries to Europe without its transportation by the territories of other countries. The pipeline will be 3,000 kilometres long. About 1,189 kilometres of pipes will be laid on the seabed from Vyborg to Greifswald, Germany.
The capacity of the pipeline will be 55 billion cubic metres. Its first stage will be put in operation in 2010. BASF Concern is the main partner of Gazprom. It owns 49 per cent of the stock.
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