Wednesday 21 October 2009

Taqa-Led Group to Invest 800 Million Euros in Bergermeer Project

Abu Dhabi National Energy Co., the state-controlled energy producer known as Taqa, said it will lead a group to invest 800 million euros in the Bergermeer gas storage project in the Netherlands, according to company a statement to the Abu Dhabi bourse today.

The project will start commercial operations in 2013 and a unit of Gazprom OAO will provide cushion gas, it said.END

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