Russia gas monopoly eyes Alaska project

Posted: Monday, June 09, 2008

ST. PETERSBURG, Russia - Russian natural gas monopoly OAO Gazprom is angling for a role in a proposed Alaska gas pipeline, the company's chief said Saturday.

Gazprom has made a proposal to BP and ConocoPhillips, which in April submitted a bid to build a multibillion-dollar pipeline that would carry natural gas from Alaska's North Slope to the lower 48 U.S. states, Gazprom director Alexei Miller said.

"Gazprom has unique experience, knowledge and modern technology and is the most advanced company in the world in the realm of gas transport in trunk pipelines," Miller told an international business forum in St. Petersburg, Russia. "So participation in such a large-scale project as the construction of a pipeline from Alaska is interesting for us."

He did not say whether there had been a response from BP and ConocoPhillips. The BP-ConocoPhillips proposal, dubbed Denali, competes with a similar pipeline plan put forward by TransCanada Corp.

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