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 can accept ‘any’ gas pipeline from Azerbaijan

EU can accept ‘any’ gas pipeline from Azerbaijan The EU energy commissioner has said that he could “live with any pipeline” from Azerbaijan despite the EU’s long-standing backing for the Nabucco project. Guenther Oettinger made the comments on the sidelines of an industry event on Monday,Reuters reported. The commissioner said he expected an agreement on gas deliveries to Europe from Azerbaijan to be reached in the next... Read More