FACTBOX-Russian gas export pipeline projects
Nov 5 (Reuters) - Russia's gas monopoly Gazprom (GAZP.MM) supplies one quarter of Europe's gas needs.
Below are new pipeline projects aimed at bringing more Russian gas to Europe.
* NORD STREAM - The pipeline would carry up to 55 billion cubic metres of gas a year over 1,200 km (746 miles) from Vyborg in Russia to Greifswald in Germany under the Baltic sea. Nord Stream is majority owned by Gazprom which is building it with Germany's BASF (BASF.F), E.ON EONG.DE and Dutch Gasunie and has plans to build two parallel gas pipeline legs.
* YAMAL-EUROPE PIPELINE - The pipeline, which runs from the Yamal peninsula in Russia's Arctic north to Frankfurt on Oder on the Polish-German border, carries Russian gas for over 4,000 km (2,485 miles). The expansion of the pipeline, which is expected to be completed by 2010, should boost capacity to 67 billion cubic metres of gas a year through two stretches. [ID:nLO729481]
* CASPIAN GAS PIPELINE - Russia, Turkmenistan and Kazakhstan have agreed plans for a new natural gas pipeline around the Caspian Sea with an intended annual capacity of 20 bcm, which might be doubled to 40 bcm. [ID:nL9407840]
The United States says the deal is "not good" for Europe, because it would cement Russia's grip on gas exports from the region. But Russia says the new pipeline would lead to the creation of additional routes to the European Union. Continued...


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