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BPS expansion decision delayed.(Russia & CIS)(Baltic Pipeline System)(Brief Article)
Moscow is divided over whether to expand the Baltic Pipeline System (BPS) to 1.24mn b/d (62mn t/yr) from 1mn b/d. Energy minister Viktor Khristenko, who supports the BPS-62 project, said last week that there are no reasons to doubt the feasibility of this expansion. But the ministry of economic development is opposed to the project, arguing that Transneft's $1.5bn cost estimate is too high. Khristenko claims that Russia has run out of cheap options to boost export capacity. He adds that from 1 August …
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Newspaper article from: BBC Monitoring International Reports
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700+ words
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News wire article from: Asia Africa Intelligence Wire
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700+ words
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Newspaper article from: BBC Monitoring International Reports
December 17, 2001
700+ words
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News wire article from: Europe Intelligence Wire
October 14, 2002
700+ words
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Newspaper article from: FSU Energy
March 30, 2001
700+ words
