Posted by Administrator on February 21, 2012 · Leave a Comment
Will Nabucco gas pipeline be downsized?
The Nabucco consortium is considering a much smaller project than the originally planned pipeline to carry Caspian natural gas to Europe, bowing to the reality of low gas amounts available at the moment in the region, according to people familiar with the situation, The Wall Street Journal reported.
Nabucco’s original project was a 3,900 kilometer-long natural-gas pipeline running from the eastern Turkish... Read More
Filed under News · Tagged with Azerbaijan, Azerbaijani area of the Caspian basin, BP PLC, Caspian gas to Italy, Caspian natural gas to Europe, Central Asia, DEPA, European Commission, European energy company, France's Électricité de France SA, gas from Iraq or Turkmenistan, gas in Central Asia, German utility RWE AG, Germany's BASF SE, Greek gas company DEPA, ITGI, Jürgen Grossmann, Nabucco consortium, Nabucco gas pipeline, Nabucco's capacity, Russian gas across the Black Sea to Europe, Russian-led South Stream pipeline, RWE, RWE's Chief Executive Jürgen Grossmann, Shah Deniz consortium, Shah Deniz II, SOCAR, South Stream pipeline, South-East Europe Pipeline, TANAP, The Trans Adriatic Pipeline, Turkey-Greece-Italy, Turkish border with Georgia all the way to Austria, urkish peer Botas
