Nabucco shareholders believe in project’s successful implementation

None of the countries participating in the Nabucco gas pipeline project had even hinted at doubts over its successful implementation, Bulgaria's representative in Nabucco Gas Pipeline International GmbH Dimitar Abadzhiev said, Sofia News Agency (novinite.com) reported.

"We still consider this as the most viable project aimed at connecting the Turkish gas market to Europe," Abadzhiev told Bulgarian National Radio on Sunday.

"Nabucco meets all the conditions for a secure pipeline in both versions, the full-scale version and the shorter version, Nabucco West," Abadzhiev added.

The Bulgarian representative in the Nabucco Consortium said that the media were spreading mere comments, while the actual decision on the matter was to be taken by the BP-led consortium developing Azerbaijan's Shah Deniz field in June.

BP representative Iain Conn said on Thursday that the company was no longer considering Nabucco as an option for shipping gas from the Shah Deniz Stage 2 Gas field in Azerbaijan, media reported.

The BP official made clear that BP and the State Oil Company of Azerbaijan Republic (SOCAR) were discussing only two options for their gas -Nabucco West and the South East Europe Pipeline (SEEP).

The project's original concept envisages the construction of the pipeline with the length at 3,900 kilometres from the Georgian-Turkish and Iraqi-Turkish borders to Baumgarten. The pipeline is expected to run through Turkey, Bulgaria, Romania, Hungary and Austria.
The downsized version of the gas pipeline, Nabucco West, provides for a 1300-km pipeline transporting Caspian gas from the Bulgarian-Turkish border to the Central European Gas Hub (CEGH) in Baumgarten and beyond.

On May 22, the Bulgarian Parliament approved the construction of the Nabucco gas pipeline into a law.

Nabucco's shareholders are Austria's OMV, Germany's RWE, Hungary's MOL, Turkey's Botas, Bulgaria's Bulgarian Energy Holding (BEH) and Romania's Transgaz.


/Trend/