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Gazprom may build big gas storage in Belgium -Putin
Published in Saudi Press Agency on 02 - 03 - 2007

Russia and Belgium have
discussed increasing cooperation in the natural gas sector and
may jointly build a big gas storage facility in Belgium, Russian
President Vladimir Putin said on Friday, according to Reuters.
"We may carry out a very big and useful... project --
building a gas depository that would be quite big even for
Europe, with an option to transport gas to third countries,
including Great Britain," Russian television showed Putin saying
at a meeting with Belgium's Prime Minister Guy Verhofstadt.
Verhofstadt, in Moscow on a one-day visit, also discussed
the issue with Russian gas export monopoly Gazprom's chief
executive, Alexei Miller.
Gazprom said in a statement that the depository may be built
in the Belgian town of Puderly, but gave no other details of the
project. Puderly is near Belgium's energy hub of Antwerp.
Verhofstadt also discussed Russia's supplies of gas to
Belgium and its transit to other countries.
Gazprom, which covers a quarter of Europe's gas needs,
provided 300 million cubic metres of the fuel to Belgium last
year.
The company is also building a gas pipeline under the Baltic
Sea to Germany's northern coast, set to be a major artery for
European energy imports from 2010.
The Nord Stream pipeline will begin by pumping up to 27.5
billion cubic metres of gas a year and this capacity will double
when a second pipe is added later.


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