Azerbaijan, Baku, April 15 / Trend A.Badalova /
Austrian OMV's share in Nabucco West amounted to 34.76 percent after acquiring German utility RWE's stake in the project, the official representative of Nabucco Gas Pipeline International GmbH (NIC) told Trend.
This week OMV spokesman confirmed that the RWE's stake in Nabucco West project has been transferred to the Austrian company.
Reuters reported with the reference to the OMV spokesman that the current shareholder structure of Nabucco West is not going to be the final.
Nabucco Gas Pipeline International GmbH wrote Trend via an e-mail that the current shareholder structure of the project is the following - Turkish Botas, Romanian Transgaz and Bulgarian Energy Holding has 17.38 percent, OMV - 34.76 percent, while Hungary's FGSZ owns 13.11-percent share in Nabucco West.
Earlier CEO of Nabucco Gas Pipeline International GmbH Reinhard Mitschek said that Nabucco West expects to finalize the Shareholder Agreement with the partners on Azerbaijani Shah Deniz field development in April.
In January Nabucco shareholders and Shah Deniz partners SOCAR, BP, Statoil and Total signed Cooperation Agreement and Equity Option and Funding Agreement. Equity Option and Funding Agreement in particularly envisages the granting to the Shah Deniz partners of equity options of 50 percent to participate as shareholders in NIC following a positive pipeline selection decision by the Shah Deniz Consortium in favour of Nabucco West.
Moreover, Mitschek also said that one European company is very interested in joining the Nabucco consortium. However, he did not disclose the name of the company.
Nabucco West is a short-cut version of the Nabucco project, which envisages construction of the pipeline from the Turkish-Bulgarian border to Austria. Gas to be produced within the second phase of Azerbaijani Shah Deniz gas condensate field development is considered as the main source for the project.
Earlier, in late March, Nabucco Gas Pipeline International GmbH submitted a Pipeline Decision Support Package to the Shah Deniz Consortium, which contains all of the important elements requested by the producers to establish a commercial value chain for Azerbaijani gas
The final decision on the pipeline route to transport Azerbaijani gas to Europe will be made in June, 2013.