July 20, 2009

Won't that endanger the solar panels?


African Nations Sign Deal for Trans-Saharan Gas Pipeline

ABUJA, Nigeria -- Nigeria's state oil company said Nigeria, Algeria and Niger signed an agreement to create a $10 billion trans-Saharan gas pipeline to ship gas to Europe.

Managing director Mohammed Barkindo said Friday the project was approved by energy ministers from the three governments.

Nigeria's energy minister, Rilwanu Lukman, said the countries are now looking for partners for the project.

Europe currently depends on Russia for much of its gas and is seeking new sources and routes, and the European Union recently lent its support to the project.

Total SA and Eni SpA have expressed interest in joining the trans-Saharan pipeline project.

Last month, Russia's state natural gas supplier Gazprom and Nigeria's main oil company agreed to create a joint venture to explore and produce oil and gas in Africa's most populous country. Gazprom's chief in Nigeria has said the Russian firm would invest $2.5 billion in the new venture.

If Gazprom should gain control over Nigeria's gas resources, that could strip European consumers of a possible alternative to Russian gas supplies.

It has been a difficult time for Gazprom as production is declining and the severe financial crisis is forcing it to delay the launch of major new gas fields that would supply Europe with energy

Desertec: African solar power for Europe

BERLIN, July 17 (UPI) -- If it makes it beyond the drawing broad, Desertec would be the world's largest, most ambitious and expensive green energy project ever: a series of solar thermal power plants across the Sahara desert connecting Africa under the Mediterranean Sea to Europe's power grid.....

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