Gazprom Kamchatka Pipe

Gazprom was ordered Monday to take over and complete a potentially money-losing pipeline on the Kamchatka peninsula that was started seven years ago, Kommersant reported Monday.

Prime Minister Viktor Zubkov ordered state-run Gazprom to take over the project from state oil producer Rosneft, the newspaper said.

Rosneft and Gazprom both doubt that the project will be profitable, Kommersant said, citing Gazprom deputy chief executive Alexander Ananenkov and an unidentified Rosneft executive.