Low Graphics Site
White bar
.: Latest News :. .: News in Pictures :.
Dawn e-paper
Daily SectionMarker

Misc SectionMarker

Horoscope Recipes Weekly SectionMarker

Weekly SectionMarker



Pakistan's Internet Magazine
Herald
Dawn GroupMarker

Archive, Search, Feedback & HelpMarker

Weather

FrontPage National International Local Business KSE Forex Sports Editorial Opinion Letters Features Today's Cartoon TV Guide Cowasjee Ayaz Irfan Hussain Review Dawn Magazine Young World Images Dawn Group Subscription To Advertise

DINA
Previous Story DAWN - the Internet Edition Next Story

October 17, 2006 Tuesday Ramazan 23, 1427


UK, Norway open biggest underwater gas pipeline


LONDON, Oct 16: The biggest underwater gas pipeline in the world, transporting gas from Norway 1,200 kilometres under the North Sea to Britain, was opened on Monday by the prime ministers of both countries.

British Prime Minister Tony Blair praised the project, saying it was a crucial step towards securing his country’s energy needs.

The Langeled pipeline is expected to supply one-fifth of Britain’s total gas requirements in the coming decades.

Crowds of British and Norwegian schoolchildren gathered near the pipeline terminal in the village of Easington, northeast England, where they released white balloons decorated with the flags of the two countries.

Mr Blair took part in the opening ceremony with Norwegian counterpart Jens Stoltenberg via a live video link-up from London.

Speaking after the ceremony, Mr Blair said: “In the future, energy security will be almost as important as defence to the overall security of the country’s interests.

“Three or four years back when we began we did not even ourselves quite fully appreciate the significance of today’s event.

“The combination of rising energy prices, worries about energy security and climate change are creating a completely different context.”

Mr Blair added that over the next 10-15 years Britain would move from a position of 80-90 percent self-sufficiency in oil and gas towards being a net importer of 80-90 percent of its needs.

The two prime ministers, meeting in central London on Monday, were also given cups of tea, the quintessential English hot drink, which was heated using gas from the pipe.

Construction of the pipeline by Norwegian firm Hydro began in 2004.

Blair meanwhile stressed that energy security was vital because of rising supply pressures and fierce demand from emerging economies such as China and India.

“There is going to be more and more pressure on energy prices because of the economic growth of China, India and the other emerging, particularly Asian, economies,” he added.

“So if we don’t get the question of energy security right now, in this period of time, we will pay a heavy price in the future for our economy and for our consumers.”—AFP






Previous Story Top of Page Next Story

Seprater
Contributions
Privacy Policy
© DAWN Group of Newspapers, 2006