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Today's paper. Last Updated: 02/15/2012

Syria-Turkey Gas Link Extension Planned

Bloomberg
NICOSIA, Cyprus -- Stroitransgaz, a Russian pipeline builder partly owned by Gazprom, plans to extend a gas link from Syria to Turkey that may help supply a project to Europe.

Stroitransgaz has signed an accord with state-owned Syrian Gas and the new pipeline will link Aleppo, in northern Syria, with the Turkish border, Syrian Oil Minister Sufian al-Alao said in comments published late Monday by the Syrian state-run news service Sana.

Syria began receiving gas from Egypt this year through a pipe that crosses Jordan and plans to import gas from Iraq's Akkas field, which is close to the border, by 2010. Stroitransgaz, which built the Syrian section of the pipeline from Egypt, will now construct the 62-kilometer extension in 18 months, at a cost of 52 million euros ($71.2 million), Alao said.

Cristobal Burgos-Alonso, an adviser at the European Union's Energy Directorate, on Oct. 2 said Iraq and Egypt might provide gas for Nabucco, a pipeline project to supply Europe through Turkey, bypassing Russia.

n National Iranian Oil managing director Seifollah Jashnsaz was to visit Moscow on Tuesday for talks with Gazprom, including on a joint venture to build a pipeline from the Caspian Sea to the Sea of Oman, the Tehran Times newspaper reported.


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