By JAN HROMADKO
FRANKFURT -- Nord Stream, the consortium that operates a natural
gas pipeline that ships Russian gas to western Europe via
the Baltic Sea, said over the weekend it is considering further
expanding the pipeline.
In a written statement, the consortium, led by Russian gas
monopoly Gazprom, said its shareholders have asked the company
to conduct "a feasibility study" into possible options to
further increase capacities.
"Over the next eight months, Nord Stream will make an
assessment of various criteria of up to two potential
additional pipelines, including technical solutions, route
alternatives, environment and financing," the company said.
It didn't say by how much the expansion could increase gas
A Nord Stream spokesman said the exact amount of the
possible capacity expansion will be determined in the
"We will look at how much additional gas will be needed in
northwestern Europe in the coming decades" and make a decision
accordingly, the spokesman said.
Dow Jones Newswires