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Britain Support Nabucco Project (video)

Oil&Gas Materials 7 May 2008 15:07 (UTC +04:00)

Azerbaijan, Baku, 7 may / Trend corr. S.Agayeva / Great Britain supports the project on gas transporting via the Nabucco pipeline and considers it good possibility to transfer the energy resources to Europe, Jim Murphy, Britain's Minister on European issues, stated in Baku on 7 May.

Azerbaijan takes one of the key places in the project, not only as a gas exporter country, but as a transit country as well. Britain pays more attention to the Azerbaijan's role in diversification of energy resources supply to Europe, Murphy stated.

The Nabucco gas pipeline will ensure the gas delivery via the Mediterranean and Caspian Sea to Europe via Azerbaijan, Georgia, Turkey, Bulgaria, Hungary, Romania, and Austria. Nabucco will transport gas from Azerbaijan and Central Asia to the EU. The gas from Central Asia to Nabucco may be delivered via the planned Tran-Caspian pipeline. The Trans-Caspian gas pipeline will extend to Azerbaijan, where the gas reserves are expected to comprise 6trln cu m, from the Caspian coast of Kazakhstan or Turkmenistan. The Mediterranean gas from Azerbaijan to the end of the Nabucco pipeline is delivered via the currently existing South Caucasus gas pipeline (Baku-Tbilisi-Erzurum).

First supplies will be launched in 2013. Project's total cost is $7.4bln.

The correspondent can be contacted at: [email protected]

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