Pilot gas supplies via Nabucco to come from Azerbaijan: head of consortium
Azerbaijan, Baku, Sept. 15 / Trend , A.Badalova/
The Nabucco gas pipeline consortium expects the first results of the detailed engineering within the next two months, Managing Director of the Nabucco. Pipeline Int., Reinhard Mitschek, said in Baku on Sept. 15.
"We launched the engineering process in the Nabucco-participant countries in April and the first results will be available in October-November, after which we can assess impact on the environment," Mitschek said.
He expects the detailed engineering to end in the first half of 2010.
"The Caspian region has huge potential for the energy supplies. We see the great potential in the region and I am sure that the first gas for Nabucco will come from Azerbaijan," Mitschek said.
The Nabucco project worth 7.9 billion euro will deliver Azerbaijani and Central Asian gas to the EU. Construction of the pipeline is expected to begin in 2011 and the first supplies - in 2014. 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 16.67 percent each. The Nabucco Gas Pipeline International will invest 30 percent of the project on basis of its share. The remaining 70 percent will be provided by international institutions.