4.
Infrastructure
The gas industry has expanded the gas infrastructure
quite rapidly during the past 40 years. Today the pipeline
system making up the European gas transmission grid stretches
from the North Sea and the Baltic Sea to the Mediterranean
and from the Atlantic to the pipeline system of the Russian
Federation. The international grid ensures security of supplies
and efficient gas transmission. Large amounts are needed each
year to invest in the present infrastructure on maintenance,
technical improvements and modernization.
The West European gas industry, in line with the conditions
of an open market, provides important technology transfers
and direct investments in the future development of the Central
and Eastern European gas supply networks. Similar relations
are being fostered with non-EU Mediterranean countries.
In order to diversify the security of natural gas supply for
the European gas market and to meet the increasing demand,
more interregional transmission pipelines from the Russian
Federation (for instance the North-European gas pipeline project),
North Africa, as well as Central Asia and the Middle East
will be necessary.
At the same time, it is necessary to pay due attention to
the reliability of the new gas suppliers to Europe. In addition,
further development of the LNG infrastructure by the gas industry
on the export side and on the receiving side in Europe can
further improve the supply position of the European gas market.
The IGU estimates that overall in the world in the period
2000-2030 the required investments for expanding markets,
trade and infrastructure will be between 2 and 3 trillion
dollars.
Until 2015 in Central and Western Europe some 100 billion
dollars have to be invested in transport, storage and distribution11
. In the Russian Federation alone investment in production
and transportation during the coming 15 years will amount
to some 150-170 billion dollars.