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Russia, Ukraine approve pipeline feasibility study

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KIEV, November 15 (RIA Novosti) - Russia and Ukraine have approved a feasibility study on the Bogorodchany-Uzhgorod pipeline project, which will increase the capacity of Ukraine's natural gas transportation system in the direction of Western Europe, the Ukrainian Fuel and Energy Ministry said Tuesday.

The construction of the pipeline is being planned within the framework of the International Consortium for Managing and Developing the Gas Transportation System of Ukraine, which was established in 2002 under a Russian-Ukrainian agreement on strategic cooperation in the natural gas sector.

The feasibility study was approved at a meeting of the board of the consortium convened to elect new members on the Ukrainian side. Ukrainian Minister of Fuel and Energy Ivan Plachkov was appointed chairman.

The parties agreed on a three-stage implementation of the project. Construction of the main 50-km segment of the pipeline, which will cost $130 million, is due to start this year and will be operational in 2006.

The estimated annual capacity of the Bogorodchany-Uzhgorod pipeline is 19 billion cu m and the project's total cost is estimated at $560 million. The pipeline will run 234.3 kilometers (145 miles) in western Ukraine.

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