Gazprom's Investment in Trans-Saharan Gas Pipeline – Implications for Europe
The russian gas company OAO Gazprom is in talks with the Nigerian government regarding investments in the 4,300 Km long, 48-56 inches diameter Trans-Saharan gas pipeline (TSGP). The pipeline, which would connect the Niger delta in Nigeria and Niger, to existing gas transmission hubs to the European Union at El Kala or Beni Saf in Algeria’s Mediterranean coast, is expected to cost $10 billion, of which Gazprom will intially invest $2.5 billion. After the feasibility studies are over, the project will commence in 2009 and will take six years for completion. In 2015, once this gas pipeline commences operations, Nigeria will become one of the biggest sources of natural gas for continental Europe.
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