World Prices Rise for Energy Resources to Increase Tariffs for Gas Pumping via Nabucco: Project Operator
Azerbaijan, Baku, 5 June / corr Trend A.Badalova / Increase of world prices of energy resources makes Nabucco pipeline project, designed to export Caspian and Central Asian gas to Europe, more competitive, Volfqanq Sporrer, the regional manager of OMV, an operator of Nabucco, said.
"Following the increase of [world] prices [for energy resources], the prices for transportation [of gas via Nabucco] will also rise, making the project more competitive," he told Trend in Baku on 5 June.
According to Sporrer, this year Nabucco pipeline company will be involved in marketing the gas consumption markets. It s planned to define the gas demand in the European Union, as well as the tariffs for fuel pumping via this pipeline.
"We are not using unified resources [to fulfill the gas pipeline]. We propose the diversification of energy supplies," Sporrer said.
The next step will be a permission to be issued for the construction of a pipeline from regulating organization of the European countries, which will host the gas pipeline.
In 2008, Nabucco pipeline company in partnership with the EBRD and the World Bank will carry out an environmental impact assessment while the construction of gas pipeline.
Nabucco will begin functioning with the capacity from 8bln to 10bln cu m a year. First gas supplies to the pipeline are scheduled for 2013.