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Gazprom plans to postpone several investment energy projects.


10.06.2009, 23.49



MOSCOW, June 10 (Itar-Tass) -- Russia’s gas monopoly Gazprom considers postponing several investment projects in the field of electricity generation, Gazprom Board Member, Chief of the Department of Marketing, Gas Processing and Liquid Hydrocarbons, Director General of the company’s subsidiary Mezhregiongaz Kirill Seleznyov said on Wednesday.

“The relevant proposals have been sent to the System Operator,” he said, adding that the work is underway, some of the proposals have been supported.

At the same time, he gave no details as to which projects might be postponed, because there is no decision yet.

“The plans to postpone the implementation of several investment projects were mainly caused by technical necessities, technological difficulties and a decline in electricity consumption in certain areas,” Seleznyov said.

“The implementation of the TGC-1 (Territorial Generating Company–1) project will not be put off,” he said, stating, “The TGC-1 project will be implemented in full. Currently, we are performing all liabilities envisaged by the schedule and the project.”

In 2009, the company plans to commission TGC-1’s facility with a capacity of 410 megawatts, Seleznyov said.

 

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