Wednesday 21 October 2009

A 10-20 percent increase.


Seems that my thoughts, or better say, the ways how I think and communicate forge a special, like today, alliance linked to good ideas, expansion and maybe even to the wealth.

GDF Suez eyes 1-2 bcm gas/yr in Nord Stream pipeline. Wed Oct 21, 2009 1:55pm BST. Russia currently supplies 10 bcm/year to GDF Suez. GDF Suez sees Nord Stream deal soon. PARIS, Oct 21 (Reuters) - GDF Suez said it was discussing with Gazprom a 10-20 percent increase in its Russian gas supply as part of a wider agreement that would see the French utility join the Nord Stream gas pipeline. GDF Suez has been in talks for a year to take a stake in the pipeline being built by Gazprom and German utility E.ON which will carry 55 billion cubic metres (bcm) of gas annually from Russia to Germany via the Baltic Sea from 2012. GDF Suez and Russian authorities have both said the principle of the French group buying a 9 percent stake in Nord Stream had been agreed, but GDF Suez has said it also wants access to new gas volumes. "We are talking about relatively small volumes, between 1 and 2 bcm (per year), but not necessarily starting now, (but rather) for the long term," said Jean-Marie Dauger, who overseas gas and liquefied natural gas business at GDF Suez. "It would be an increase in our Russian gas commitment... Today we have 10 bcm of gas committed from Russia, which are received through Germany. So, it could be that part of these volumes are rerouted to Nord Stream," Dauger said. "But above that, we think we need to have a little more volumes and this is what we are discussing, and these volumes are meant to supply our Northern European markets. Our basic priciple is we invest in a pipeline because there is gas for us in the pipeline." Asked if GDF Suez was close to an agreement -- which several GDF Suez executives have said could be wrapped by year-end -- Dauger said: "I can't tell you if it's going to be October or November but a reasonable assumption is that it is going to be this year." "The scheme of our participation becomes clearer now, and on the gas side, there has been also some contacts with Gazprom export people and I don't see, as of today, any theoretical problems," Dauger said, declining to specify the level of investment GDF Suez would make to enter the project. Russia currently accounts for 14 percent of GDF Suez's gas supplies, while Norway amounts to 23 percent and the Netherlands 15 percent. Russia, which supplies a quarter of Europe's natural gas, wants to build gas supply routes quickly to bypass Ukraine and other ex-Soviet states after disputes with Kiev over transit payments in recent years disrupted flows. (Reporting by Marie Maitre, Muriel Boselli, and Benjamin Mallet; Editing by Dan Lalor). «Газпрому» принадлежит 51% акций «Северного потока», немецким E.ON и BASF — по 20% и голландской Gasunie — 9%. Газопровод должен пройти по территории России, Финляндии, Швеции, Германии и Дании, которая во вторник первой из этих стран дала согласие на его строительство.

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