BP: Revised Nabucco project is big step forward

BP: Revised Nabucco project is big step forward The change of Nabucco gas pipeline project’s conception was a big step forward, BP’s Vice President for Shah Deniz Full Field Development Alasdair Cook said in an interview with the Financial Times. “We believe Nabucco West is a much improved offer. We’re really pleased,” Cook said. Nabucco Gas Pipeline International proposed a new conception of the project (Nabucco-West)... Read More

Ashgabat turns to Trans-Caspian project

Ashgabat turns to Trans-Caspian project Information “on the progress made in Brussels at the tripartite meeting on the Trans-Caspian gas pipeline,” was announced at a regular meeting of the Cabinet of Ministers of Turkmenistan, the Turkmen government said on Saturday. It was also reported that another similar meeting is planned for the next month. “The Turkmen State demonstrates a responsible approach to international cooperation... Read More

New Trans-Caspian Project?

New Trans-Caspian Project? Azerbaijan, Turkmenistan and the European Union are drafting two documents that will allow to deliver Caspian and in particular Turkmen gas to Europe, Azerbaijani Energy Minister Natig Aliyev said on Wednesday. According to him, the two resource-rich Caspian littoral states and the EU are expected to complete the preparation of a political document to support the Southern Gas Corridor of pipelines, as well as an inter-governmental... 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