LOC09:00
06:00 GMT
ALGIERS, June 1 (KUNA) -- Algeria and Italy would embark on investment in a
pipeline project by next year as studies of the venture have been finalized,
Algerian Minister of energy and Mines Chakib Khelil announced.
In press statements during a dinner baquet in honor of visiting Italian
Minister of Economic Development Claudio Scajola here last night, Khelil said
works in the pipeline project would start in the year 2010.
He said the first stage of the project was completed and the second stage
would be finnished by the end of the year.
Algerian gas exported to Italy would increase to 40 billion cubic meter by
the year 2012.
He said the 1470 kilometer-long pipeline would transport eight billion
cubic meter of gas a year. The pipeline would be stretched through Sardinia
Island. (end)
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