BP Interested in Building Nord Stream Line to UK
MOSCOW - Oil giant BP PLC has expressed interest in building and using one of the additional pipelines of the Nord Stream pipelines that ships Russian natural gas to western Europe via the Baltic Sea, Russia's natural gas monopoly OAO Gazprom Chief Executive Alexei Miller said Friday.
Speaking at a televised press-conference Miller said that the decision on the construction of the third and fourth lines of the Nord Stream may be reached by the end of 2012.
Currently Gazprom, which leads the consortium that operates the natural gas pipeline, is conducting a feasibility study into possible options to further increase capacities of Nord Stream.
Separately Miller said that new deal on Arctic natural-gas project Shtokman, led by Gazprom, may be signed next week.
France's Total SA and Norway's Statoil ASA also participate in the project.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Operates 27 Offshore Rigs
- BP Midstream Partners Seeks To Raise Up To $893MM In IPO (Oct 16)
- BP, Azerbaijan's SOCAR To Sign Caspian Sea Exploration Deal In 2017 (Oct 12)
- Increasing the World's Oil Reserves with Digitization (Oct 09)
Company: OAO Gazprom more info
- Court Rejects PGniG's Attempt To Limit Gazprom's Use Of Opal Pipeline (Oct 13)
- Russia's Gazprom Signs LNG Supply Deal With Ghana (Sep 18)
- Gazprom Says Sanctions Won't Stop Nord Stream 2 Pipeline Project (Aug 30)