Nabucco gas pipeline will never pass through Armenia: Hungary's envoy

Bayer gave financial details of the project. He said the European Union needed in diversification of energy sources because it can’t meet needs of own consumers and imports 80% of annual consumption from other countries. “The import expected to reach 93% in 2017. The Nabucco project is a priority No.1 from this point of view”.

Bayer said the project had no political, but commercial character and therefore it would stimulate regional energy projects. It will not face with the financial problems in the first phase. The European Investment Bank, International Financial Corporation and the European Bank for Reconstruction and Development (EBRD) are showing interest to the project. EBRD promised to allocate ?1 billion for the project.

Bayer said the Nabucco concept was already formed and it wouldn’t be changed. “The gas pipeline will pass via Turkey in any case. I don’t think that it will bypass Armenia or Georgia because the concept will not be changed”.

Officials of the Azerbaijan Ministry of Foreign Affairs and Diplomatic Academy, as well as foreign diplomats accredited in Azerbaijan attended the round table.

Ambassador Bayer led the organizing issues of Nabucco international conference in Budapest in January, 2009. He led the Hungarian delegation at the intergovernmental conference for preparing of international agreement in January-June, 2009.

Bayer was Hungarian ambassador to Yemen, China, North Korea and Moldova. He took different posts in the Hungary’s foreign ministry for long time.

/APA/