Poland and Norway sign accord for new pipeline

Jul 04, 2000 02:00 AM

Poland and Norway signed an accord to expand Polish purchase of Norwegian natural gas and build a new pipeline.
Under the document signed by prime ministers Jens Stoltenberg of Norway and Jerzy Buzek of Poland, the two countries will conclude a contract this year and build a pipeline via the Baltic sea that could deliver 5 bn cm of natural gas annually starting from 2004 or 2005.
Norway will provide Poland with 4 bn cm of natural gas before 2010, and the amount is expected to double in 2020. Polish and Norwegian gas companies signed a contract last year for gas supplies, with the first high-volume deliveries due to reach Poland in October. Poland consumes 11 bn cm of gas every year, two thirds of which is imported from Russia. Poland's buying gas from Norway is seen as an attempt to wean itself from dependence on Russian supplies.
Stoltenberg, who is on an official two-day visit to Poland, met parliament speakers during his visit and travelled to the city of Gdansk. Stoltenberg's visit has also seen the signing of an agreement on converting $ 27 mm, part of Polish debt to Norway, into investment in environment-related projects in Poland.

Source: Xinhua via Newspage
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