Does Nabucco have many uncertainties?

Does Nabucco have many uncertainties? Nabucco gas pipeline project, which is designed to transport gas from the Caspian region and Middle East to the European countries, has many uncertanties, Bloomberg reported with the reference to Hungarian company Mol. “There are “many uncertainties around the Nabucco project that would be hard to ignore,” Mol said. Earlier Hungarian Prime Minister Viktor Orban said that Mol is leaving Nabucco... Read More

EU wants ambitious and long-term solution to Southern Gas Corridor

EU wants ambitious and long-term solution to Southern Gas Corridor The European Union wants an ambitious and long-term solution to the Southern Gas Corridor and wants to see unified transportation framework for the shipping the Shah Deniz-2 gas, off other prospective Azerbaijani gas and eventually also Turkmen gas in the future, head of the EU delegation to Azerbaijan, Ambassador Roland Kobia said at a press conference in Baku on March, 06, 2012. Kobia... Read More

Nabucco turns to Iraq

Nabucco turns to Iraq Nabucco consortium considers Nothern Iraqi gas as an option to secure future gas supply to Europe, Dow Jones Newswires reported on Wednesday with the reference to the project official representative. “Why shouldn’t we pipe gas from Northern Iraq,” Nabucco Gas Pipeline International GmbH spokesman, Christian Dolezal said. He stressed that Northern Iraq has huge potential as a gas producer. “We should explore... Read More