By Denis Maternovsky
Sept. 29 (Bloomberg) -- OAO Gazprom plans to earmark 23.5 billion rubles ($935 million) next year to build a natural-gas pipeline in Russia's Far East, Interfax reported.
Russia's gas export monopoly intends to connect the Sobolevskoye deposit with Petropavlovsk-Kamchatsky, the capital of the Kamchatka region, the news service cited Deputy Chief Executive Officer Alexander Ananenkov as telling government officials today. The pipeline should open in late 2010, according to Interfax.
Gazprom also plans to invest about 5 billion rubles in infrastructure at two deposits in the area, Interfax said, citing Ananenkov.
To contact the reporter on this story: Denis Maternovsky in Moscow at dmaternovsky@bloomberg.net
Monday, September 29, 2008
Gazprom Plans $935 Million Pipe in East Russia, Interfax Says
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