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NABUCCO Should Take Concrete Steps and Measures – Minister

Oil&Gas Materials 12 November 2007 15:35 (UTC +04:00)

Azerbaijan, Baku / corr Trend U.Ismayilova / Natik Aliyev, the Azerbaijani Minister for Industry and Energy, stated the need to determine concrete measures and steps to implement the Nabucco project.

"Although the Nabucco project was in focus in the past, it is still necessary to define the suppliers, real owners of natural gas, exact routes, as well as concrete terms," the minister said.

The issue of reserving the participation share in the project is under resolution. Azerbaijan's share in the project will depend on logistics and afterwards opportunities for the countries in the project will be defined.

The minister said that Nabucco is presently at the first stage of development and Europe is interested in Azerbaijan, because it is the only country which has the opportunity to supply natural gas to Europe.

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