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Article: North Europe's new infrastructure, trading.
- Article from:
- World Gas Intelligence
- Article date:
- July 4, 2007
CopyrightCOPYRIGHT 2007 Energy Intelligence Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Northern Europe's future supply security may be bolstered by progress last week on two gas infrastructure projects--the Skanled pipeline and a second German LNG terminal. More immediately, liquidity in the region could benefit from Monday's launch of Germany's first gas exchange by Leipzig-based EEX and from a deal signed by Royal Dutch Shell with Denmark's offshore gas network operator.
The progress announced by Oslo toward a final investment decision in 2009 on the Skanled subsea gas network, which would link Norway, Sweden and Denmark by 2012, came in the form of agreement by UK-based chemicals group Ineos to take full or majority ownership of a $340 million ...