New gas pipeline links U.K. to Continental European market

Article Abstract:

The new gas pipeline running under the North Sea will link the once isolated UK natural-gas market to mainland Europe beginning Oct. 1, 1998. The new 210-km pipeline will supply natural gas from Bacton in eastern England, UK, to the port of Zeebrugge in Belgium. The Bacton-Zeebrugge pipeline was built by a consortium of international oil, gas and power companies, including BG PLC and Rurhgas, to establish UK as another reliable supplier to help European buyers reduce their risk when buying oil from cheap sources.

Comment:

Europe: New gas pipeline running under N Sea will link once isolated UK natural-gas market to mainland Europe beginning 10/1/98

United Kingdom, Facilities & equipment, Natural Gas, Crude Petroleum and Natural Gas Extraction, Article

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BA may seek stake in Polish air carrier

Article Abstract:

British Airways (BA) is considering the possibility of acquiring a share of Polish-based Polskie Linie Lotnicze LOT. This is according to Jan Litwinski, the president of LOT. BA had submitted a formal expression of interest in purchasing a share in LOT, which is owned by the State Treasury Ministry of Poland. Officials from LOT has said in the past that BA may be studying the possibility of making such a deal for their carrier.

Comment:

BA considering possibility of acquiring share of LOT

Strategy & planning, Scheduled Airlines, Scheduled Air Transportation, Poland, Planning, Airlines, British Airways PLC, LOT Polish Airlines

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