The Czech Republic, Prague, May 8 / Trend , M.Hulpachova/
The summit which was held on the Southern Corridor project was successful, because for the first time, the countries, such as Azerbaijan signed the declaration which must yield fruits, Prime Minister of the Czech Republic Mirek Topolanek who is chairing at the EU said at the news conference after the Prague summit.
Topolanek said implementation of the Nabucco project will speed up the Southern Corridor project which is being built as a news infrastructure.
The Nabucco project worth 7.9 billion euro will deliver Azerbaijani and Central Asian gas to the EU by 2014. Construction of the pipeline is expected to begin in 2011. Its maximum capacity will be 31 billion cubic meters per year. Nabucco shareholders are the Austrian OMV, Hungarian MOL, Bulgarian Bulgargaz, Romanian Transgaz, Turkish Botas and German RWE with 16.7 percent each
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