Nabucco’s success depends on securing viable gas sources

Nabucco’s success depends on securing viable gas sources Nabucco gas pipeline project’s success depends on securing viable gas sources, Romanian President Traian Basescu said in an interview to Today’s Zaman on the eve of his state visit to Turkey. The president said Romania is a very firm and strong supporter of this project. “The project will increase not only Romania’s energy security, but the energy security of the whole region,” Basescu said. Nabucco... Read More

Official Statement; Decision on Shahdaniz gas exports to Europe may be delayed

Official Statement; Decision on Shahdaniz gas exports to Europe may be delayed A decision to select the route for Azerbaijani gas exports to Europe may be delayed until early next year, according to the head of Azerbaijan’s state energy firm SOCAR. Rovnag Abdullayev said Monday that the proposals on gas export routes are being studied and thoroughly reviewed. “No goal was set out to pass a decision to choose the route by the end of the year. If the decision is not adopted... Read More