Pipeliners

April 6, 2009 - UPI by Daniel Graever - Georgia signed a memorandum of understanding in Tbilisi with the London company responsible for the planned White Stream pipeline under the Black Sea to Europe. White Stream would bring gas from the Caspian region along a complex route under the Black Sea, through Georgia, Romania and others and on to markets in Europe. The initial capacity is estimated at 282.5 billion cubic feet per year, though later connections could more than triple that volume. Roberto Pirani, managing director of GUEU-White Stream Pipeline Co., told the Platts news service that while negotiations were under way with potential host countries, construction for the pipeline was years away. "It will take us five years to start laying the first pipeline after we have completed all the necessary agreements," he said.