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Italy-Algeria in joint gas pipeline project
| Algerian gas exported to Italy would increase to 40 billion cubic meter by the year 2012, and the 1470 kilometer-long pipeline would transport eight billion cubic meter of gas a year. The pipeline would be stretched through Sardinia Island |
Algeria and Italy would embark on investment in a pipeline project by next year as studies of the venture have been finalized, Algerian Minister of energy and Mines Chakib Khelil announced.
| Russia's threats to turn off the spigot will have no impact soon enough. |
In press statements during a dinner baquet in honor of visiting Italian Minister of Economic Development Claudio Scajola here last night, Khelil said works in the pipeline project would start in the year 2010. He said the first stage of the project was completed and the second stage would be finished by the end of the year.
Algerian gas exported to Italy would increase to 40 billion cubic meter by the year 2012. He said the 1470 kilometer-long pipeline would transport eight billion cubic meter of gas a year. The pipeline would be stretched through Sardinia Island.
Posted by: Seafarious 2009-06-02 |
