CORPORATE NEWS

SPP aims to increase its natural gas transit role

The State-run gas utility, SPP, is determined to play an increasing role as more Russian natural gas is transported to southern European countries, according to Ján Rajzinger, director of SPP's Slovtransgaz division. He added SPP wants to achieve it through increasing the transport capacity of the existing pipelines and constructing new ones. Slovakia is the main corridor for natural gas transport from eastern to western Europe. "I can assure you we are ready to take advantage of this opportunity," Rajzinger said in his report, adding that gas transit will increase from 78 billion cubic meters in 1997 to 90 billion by 2001. SPP will increase the current capacity by finishing the fifth transit pipeline and by installing additional turbo-compressors on current routes.

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