Gazprom signs deal on construction of Nyuksenits-Arkhangelsk gas line

Jul 28, 1999 02:00 AM

Gazprom, the Vologda regional administration, Severstal, Azot and other regional enterprises have signed an agreement on gas settlements and on joint efforts to build and commission the Nyuksenits-Arkhangelsk gas pipeline in the fourth quarter of 1999 with a branch to Tarnogsky Gorodok.
The Arkhangelsk regional administration hopes to obtain the $ 250 million needed to finish the Nyuksenits-Arkhangelsk gas pipeline construction project from a World Bank credit, said the regional administration. Pipe-laying work has been fulfilled by 25%..

Source: VOLOGDA REGIONAL ADMINISTRATION PRESS SERVICE via NewsBase
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