Gazprom has given the go-ahead for a huge pipeline project from Russia to Western Europe under the Baltic Sea, now seen operational by 2007. The project has long been considered Gazprom’s trump card in its talks with Ukraine, Belarus and Poland, allowing the world’s largest gas firm to agree on better transit terms via existing routes. The Baltic line was initially designed to ship up to 30 billion cubic metres of gas yearly from western Siberia to Finland and then under the Baltic to Germany. Gazprom said that the link could also supply Sweden, Denmark and Britain.
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