Erdogan: Turkey considers Nabucco to be parallel to South Stream

On August 6, Turkey agreed to participate in Russia’s South Stream project. The project costs ?10 billion with capacity of 63 billion cubic meters per year.

Turkey also supports Nabucco gas pipeline  project. Intergovernmental agreement on the construction of Nabucco gas pipeline was signed in Ankara on July 13. Turkey, Bulgaria, Romania, Hungary and Austria signed the agreement. The project costs ?7.9 billion with capacity of 26-32 billion cubic meters per year.

/APA/