Chechnya Plans to Use Oil Revenues to Build 150-Km Gas Pipeline to South
Posted on: Wednesday, 17 August 2005, 15:00 CDT
Text of report by Russian news agency ITAR-TASS
Moscow, 17 August: The construction of a trunk gas pipeline will make it possible to supply gas to almost 200 settlements in southern Chechnya. "About R400m [nearly 15m dollars] from revenue obtained from the sale of oil extracted in the republic is being earmarked for its construction. The target date for commissioning is 2006, provided the necessary funding is forthcoming," the general director of the Chechengazprom [Chechen gas industry] company, Lomali Baymuratov, told an ITAR-TASS correspondent today.
The gas pipeline is about 150 km long. It is planned to complete it in three stages. It will cross the territory of Urus- Martanovskiy, Shalinskiy, Shatoyskiy and Vedenskiy districts, the general director noted.
"The completion of the trunk gas pipeline also has great political significance for the republic. For the first time gas will reach a number of settlements in the mountainous part of Chechnya," Baymuratov noted.
Source: BBC Monitoring Former Soviet Union
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