EU waits for Azerbaijan's gas transportation decision

The European Union expects an agreement on gas supplies from Azerbaijan to Europe within the next two-three months, Reuters quotes European Commissioner for Energy Günther Oettinger as saying.

"There will be gas deliveries from Azerbaijan," Oettinger said on the sidelines of an industry event. The Commissioner stressed that there are a number of pipeline projects on how to transport Azerbaijani gas to Europe and Nabucco project is just one of them.

He said the EU is open whether the Nabucco consortium would be chosen to transport this gas. "That's up to the investors and gas owners," Oettinger said. "I can live with any pipeline."

Nabucco gas pipeline is one of the Southern Gas Corridor projects, which is designed to transport gas from the Caspian region and Middle East to the European countries.

Gas which will be produced during the second stage of Shah Deniz field development is considered as the main source for all Southern Gas Corridor projects.

On Oct. 1, Nabucco, TAP, and ITGI submitted their final proposals to the Azerbaijani side, which will review them in accordance with the previously announced criteria. The decision on the preferable transportation route is expected to be made in the first quarter of 2012.


/Trend/