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Gazprom Interested in Venezuela-Brazil-Argentina Gas Pipeline

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bemildred Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-15-06 10:52 AM
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Gazprom Interested in Venezuela-Brazil-Argentina Gas Pipeline
This idea seems to be attracting "foreign investment".

Moscow, Feb 14 (EFE).- Russian energy giant Gazprom said Tuesday it was interested in participating in the construction of the gas pipeline linking Venezuela to Argentina via Brazil.

Gazprom, which operates the largest gas pipeline in the world, said the project was discussed in the course of the talks held by the head of the company's international relations department, Stanislav Tsigankov, during his recent visit to Venezuela.

A delegation from the Russian energy company met with Venezuelan Energy Ministry officials and executives of state-owned oil giant Petroleos de Venezuela (PDVSA).

The South American project, which calls for building a pipeline some 8,000 kilometers (nearly 5,000 miles) long with a capacity to carry 100 million cubic meters (3.5 billion cubic feet) of natural gas per day, mostly from north to south, would cost between $15 billion and $23 billion.

RigZone
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rfkrfk Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-15-06 11:05 AM
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1. natural gas is excellent fuel for transportation .n/t
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