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PGNiG concerned over Skanled Pipeline project

Polish Oil and Gas (PGNiG) which holds a 15 percent in the zł.4.4 billion project, as well as other members of the consortium, did not manage to sign contracts for the supply of gas by StatoilHydro, which earlier promised to sign such deals and which controls 60-70 percent of the gas extracted from the shelf.

Another problem is the withdrawal of Hafslund from the undertaking, the representatives of which declared that due to the economic crisis, financing the construction of the pipeline is too costly. Currently, the operator of the pipeline, Norwegian Gassco, is seeking a company to take over the 10 percent left behind by Hafslund, but for the time being is failing to  do so.

Deputy president of PGNiG, Radosław Dudziński declared however that Skanled is a strategic project and will make sure that it is executed.

Source: Parkiet (A.K.)

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