Nabucco’s cost still under review

Nabucco’s cost still under review   Nabucco gas pipeline project’s cost is currently under review, project’s official representative Christian Dolezal said on Friday. “The CAPEX figure of the project is 7.9 billion euro and the figure is currently under review,” he said. Nabucco gas pipeline project envisages gas supplies from the Caspian region and the Middle East to the EU countries. Reuters reported referring to the EU’s energy... Read More

Russia Warns Against Transcaspian Projects

Russia Warns Against Transcaspian Projects Russian President Dmitriy Medvedev said the issue of the Transcaspian gas pipeline requires coordination of positions of all the Caspian States. 1news.az reports citing RIA Novosti that Medvedeb was speaking at the session with permanent members of the Security Council including also Minister of Energy Sergey Shmatko and head of Gazprom Alexei Miller. “This (Transcaspian gas pipeline issue) is quite a complicated issue, which is... Read More