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

Does Turkish support for Nabucco end?

Does Turkish support for Nabucco end? Turkey was no longer fully supporting the European Union-backed Nabucco pipeline project to carry Caspian gas to Europe, and is instead prioritizing its own rival TANAP project, an Energy Ministry spokesman told DPA. The spokesman confirmed that Turkey remains part of the six-country consortium backing Nabucco, but that it was now prioritizing the development of the Trans Anatolian Pipeline Project (TANAP), which... Read More