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Gazprom spokesman says cooperation with Mol on Blue Stream.

Europe Intelligence Wire

| March 20, 2007 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Hungarian News Agency (MTI))

Budapest, March 20, 2007 (MTI-ECONEWS) - A spokesman for Russia's Gazprom told MTI's Moscow correspondent on Tuesday said that the company has signed a letter of intent with Hungarian oil and gas company Mol to carry out a feasibility study, though nothing more, on extending its Blue Stream pipeline from Turkey to Central Europe.

Mol signed a memorandum of understanding with Gazprom in June 2006 to make the study. The leaders of Gazprom and Mol meet regularly, and work is on on the feasibility study. The study on the pipeline extension and a related large gas reservoir to be built in Hungary could be prepared by the middle …

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