Article Tools

Czech Republic: Gazprom to Build New Gas Storage Tanks

Published: March 26, 2013; 10:44 · (Vindobona)

Gazprom and MND Group are going to invest € 100m in a gas storage facility near the Austrian border.

Czech Republic: Gazprom to Build New Gas Storage Tanks / Picture: © Flickr

Russian energy producer Gazprom and Czech oil and gas producer MND Group are going to invest in the expansion of a gas storage facility in Damborice, in Southern Moravia, close to the Austrian border. The investment agreement was signed the other day in Prague.

With the groundbreaking ceremony in 2014, the storage tanks are supposed to be completed in 2015. The new investment…

This article includes a total of 268 words.

or Log In