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EU Ambassador: the gas transit conditions for Nabucco have already been agreed in the Intergovernmental Agreement

Oil&Gas Materials 6 April 2010 20:58 (UTC +04:00)
The absence of bilateral agreements between Azerbaijan and Turkey on gas extracted from the first stage of development of Shah Deniz field, and its transit are not serious problems in the implementation of the Nabucco pipeline project, as it will be fueled from the Shah Deniz-2, the EU ambassador to Azerbaijan Roland Kobia said.
EU Ambassador: the gas transit conditions for Nabucco have already been agreed in the Intergovernmental Agreement

Azerbaijan, Baku, April 6 / Trend E.Ostapenko/

The absence of bilateral agreements between Azerbaijan and Turkey on gas extracted from the first stage of development of Shah Deniz field, and its transit are not serious problems in the implementation of the Nabucco pipeline project, as it will be fueled from the Shah Deniz-2, the EU ambassador to Azerbaijan Roland Kobia said.

"Bilateral agreements between Azerbaijan and Turkey are welcomed, but for the transit of gas through the Nabucco, everything is ready and was reflected in the inter-governmental agreement. We do not believe this is the main obstacle in implementing the project," said Kobia at press conference on April 6.

The intergovernmental agreement on gas supplies, which will be extracted from the second stage of development of Shah Deniz field via Nabucco pipeline, has already been achieved in Ankara last year. The document contains all the conditions for transit of gas.

The South Corridor project, which includes the construction of the Nabucco gas pipeline, will be discussed in Baku during the visit of EU Commissioner for Energy Günther Oettinger. Oettinger will make a three-day visit to Azerbaijan on April 15. Oettinger replaced Andris Piebalgs at this post.

Nabucco is a mutually beneficial project, as will bring gas to Europe and will provide new routes, and at the same time, it will give Azerbaijan an opportunity to diversify its energy customers, said Kobia.

South Corridor is one of the priority energy projects for EU, which aims to diversify routes and sources of supply and thereby increase the energy security of European countries.

Priority project for the European Union within the "Southern Corridor" is a gas pipeline project, Nabucco, which aims to transport gas from the Caspian region and the Middle East to the EU countries. Azerbaijan is considered as a potential gas supplier for this project.

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