Azerbaijan, Baku, August 26 /Trend, A.Akhundov /
Ways of gas supply for the Nabucco project will be determined by the end of the year, Minister of energy and natural resources of Turkey Taner Yildiz said on Wednesday after meeting with Syrian Ambassador Nydal Kabalan, Anadolu news agency reported.
"In all our meetings we note that as suppliers of gas for Nabucco we consider Azerbaijan, Turkmenistan, Iraq and Iran. There are three entrances of the gas for the Nabucco in Turkey - across the Georgian border, from northern Iraq and across the border with Iran. About the first two we have preliminary agreements. Through Georgian border will go Azerbaijani gas. This once again we discussed last week in Baku. And Prime Minister Maliki on July 13, 2009 said that Iraq joins the project and bring the volume of gas deliveries to 15 billion cubic meters. By the end of the year will be completed the work to identify ways of gas supply for the project ", Taner Yildiz said.
According to him, the UN Security Council sanctions against Iran spread to Turkey too, but they do not relate to the purchase of Iranian oil and gas to meet domestic needs of the country.
"Turkey drives the trade in the framework of international law. Petroleum products trading refers to the private sector", said Taner Yildiz.
The Nabucco gas pipeline is worth 7.9 billion euro. Participants are the Austrian OMV, Hungarian MOL, Bulgarian Bulgargaz, Romanian Transgaz, Turkish Botas and German RWE. Each participant has an equal 16.67-percent share. Construction is planned to launch in 2011, with first supplies commencing in 2014. Its maximum capacity will hit 31 billion cubic meters per year. The Nabucco Gas Pipeline International will invest 30 percent of the project's total cost. The remaining 70 percent will be paid by loans.