May 17 Here are some key facts on major oil or
gas pipelines in central and southeastern Europe:
* NABUCCO - A 7.9 billion euro ($10.69 billion) project to
transport gas from Turkey to Austria through Bulgaria, Romania,
and Hungary. Construction of the 3,300-km (2,050 mile) pipeline
is scheduled to start in 2011 and first deliveries are expected
in 2014 with an initial annual capacity of 8-10 bcm.
Austrian oil and gas group OMV (OMVV.VI) heads the
consortium which includes Hungary's MOL MOLB.BU, Turkey's
Botas, Bulgaria's Bulgargaz, Romania's Transgaz TGNM.BX, and
German utility RWE (RWEG.DE).
OMV and MOL said they had formed a consortium on Sunday with
two companies from the United Arab Emirates operating in the
Kurdistan region of Iraq to pump enough gas to facilitate the
first stage of the pipeline. [ID:nSP496384]
It could transport up to 31 bcm of gas a year from Central
Asia and the Middle East to Europe by 2020, reducing dependency
on Russian gas, and may be used to bring Iranian gas to Europe.
* SOUTH STREAM - Gazprom (GAZP.MM) and Italian oil firm Eni
(ENI.MI) plan to build a 10 billion euro ($13.53 billion)
pipeline, seen as a rival to Nabucco, to take Russian gas under
the Black Sea to south-eastern Europe, avoiding Ukraine with
which Russia has had pricing debates.
* AMBO - The 900-km AMBO Trans-Balkan Oil Pipeline is
planned to transport Caspian or Russian oil from Bulgaria's
Burgas via Macedonia to the Albanian Adriatic sea port of
Vlores. AMBO, the Albanian Macedonian Bulgarian Oil Corp. plans
to commission the pipeline in 2011 and to transport crude of
750,000 barrels/day or around 40 million tonnes/year.
* TRANS ADRIATIC PIPELINE (TAP) - The 520 km pipeline will
transport gas via Greece and Albania across the Adriatic Sea to
southern Italy from 2012.
TAP is a 50/50 joint venture between Swiss EGL EGL.S and
Norway's StatoilHydro (STL.OL) and is expected to cost about 1.5
billion euros to build.
It will initially have a capacity of 10 billion cubic metres
(bcm) a year but could be expanded to bring up to 20 bcm/year of
gas from the Caspian Sea and Middle East regions into Europe.
* MEDGAZ - The 210 km deepwater pipeline, of which
construction started in March 2008, will carry up to 8 bcm/year
of Algerian gas to Spain when it opens in late-2009.
The project is being built by Algerian state gas company
Sonatrach and a consortium of Spanish and French companies to
help diversify European supplies and cut dependence on Russia.
* GALSI - The Galsi gas pipeline could bring up to 10
bcm/year of Algerian gas to Italy through Sardinia when it opens
in 2012. Major shareholders include state-run Algerian gas
company Sonatrach, Italian power generator Edison EDN.MI and
utility Enel (ENEI.MI).
* PAN-EUROPEAN OIL PIPELINE (PEOP) - Due to start operating
in 2012, will connect the Romanian port of Constanta with
Trieste in Italy, via Serbia, Croatia and Slovenia. The 1,400 km
long pipeline, worth between $2 billion and $3.5 billion, will
supply refineries in northern Italy and central Europe with
crude from the Caspian. It will have an annual capacity of
1.2-1.8 million barrels per day (bpd).
* BAKU-TBILISI-CEYHAN - The $4 billion BP-led (BP.L)
pipeline was opened in June 2006. Its capacity is one million
bpd of Azeri crude. It ran 1,770 km to Turkey's Ceyhan port in
2008. It is the first pipeline to carry large volumes of crude
from the Caspian without going through Russia.
* CASPIAN PIPELINE CONSORTIUM (CPC) - Connects Kazakhstan's
Caspian Sea oil deposits with Russia's Black Sea port of
Novorossiisk. Although the 1,510-km CPC pipeline transverses
Russia and was developed in conjunction with the Russian
government, it was the first to give the Caspian Sea region and
Kazakhstan a viable alternative to the Russian dominated
northern export routes. Its shareholders plan to double CPC's
annual capacity from 33 million tonnes by 2013.
* DRUZHBA - Russia's Druzhba (Friendship) oil pipeline
starts in Russia's Samara and ends in the northern Adriatic port
of Omisalj in Croatia, connecting Germany, Poland, Hungary,
Slovakia and the Czech Republic. It has a planned capacity of
over 2 million bpd, of which some 1.4-1.6 million bpd go
directly to consumers in the European Union and the rest stays
The Druzhba splits into two legs with the bigger northern
leg going to Poland and Germany and the southern leg supplying
Slovakia, Hungary and the Czech Republic. One fifth of German
supplies arrive via the Druzhba pipeline.
* YAMAL-EUROPE - The pipeline, which runs from the Yamal
peninsula in Russia's Arctic north to Frankfurt on Oder on the
Polish-German border, carries Russian gas for over 4,000 km
(2,485 miles). Its capacity is 32.3 bcm a year.
* BALTIC SEA PIPELINE - The 7.4 billion euro gas pipeline
would run 1,200 km from Vyborg in Russia to Greifswald in
Germany under the Baltic sea.
The Nord Stream, majority owned by Russian gas monopoly
Gazprom, is building the pipeline with Germany's BASF BASF.DE
and E.ON (EONGn.DE) and Dutch company Gasunie and has plans to
build two parallel gas pipeline legs of 750 miles (1,200 km)
each, the first by 2011 and the second by 2012. Total annual
capacity will be 55 bcm.
* BALKAN OIL PIPELINE - The 279 km oil pipeline, with an
estimated cost of 1 billion euros, will run between the
Bulgarian Black Sea port of Burgas and the Greek Aegean Sea port
of Alexandroupolis. Construction is planned to start in 2009 and
the pipeline could come onstream in 2011.
Russian oil producers Rosneft (ROSN.MM), Gazprom and crude
oil pipeline monopoly Transneft will share 51 percent of the
pipeline. Greece and Bulgaria will share the remaining 49
percent. It will have capacity of 35 million tonnes per year
with a potential to expand to 50 million tonnes.
* CZECH-BELGIUM PIPELINE - Germany's RWE plans to invest 1
billion euros to build a natural gas pipeline from the Czech
Republic to Belgium, to transport 5 bcm Russian natural gas a
year after it starts operation in 2011.
* CENTRAL ASIA GAS PIPELINE SYSTEM - Russia, Turkmenistan
and Kazakhstan have agreed plans for a new natural gas pipeline
around the Caspian Sea to deliver up to 20 bcm of gas per year
by 2009-2010. Critics say the deal tightens Russia's grip on gas
exports from the region, while Moscow says it would create
additional routes to the European Union.
* BALTIC PIPELINE EXPANSION - Russia has approved expansion
of the Baltic Pipeline System, which will allow Russian oil
exports to bypass Belarus, running to Ust-Luga near Russia's
Baltic Sea port of Primorsk. Russian pipeline monopoly Transneft
suggested building a pipeline to Primorsk after a row with
Belarus that disrupted oil exports flowing to Europe. The new
pipeline which could cost around $4 billion will have a capacity
of one million bpd.
* HUNGARY GAS PIPELINE - Hungary's MOLMOLB.BU plans to
build a 100-km expansion of its gas pipeline towards Ukraine by
2010 at a cost of 48 billion forints ($290 million). The
pipeline will help meet Hungary's rising domestic gas needs. MOL
and Romania's TransgasTGNM.BX also plan to connect their
networks via a new 109 km pipeline to be built by 2010 between
Hungary's Szeged and Romania's Arad.
(Compiled by Daniel Fineren/Jane Merriman, editing by Anthony