KMG head: Kazakhstan has not enough gas to participate in Nabucco project
Azerbaijan, Baku, Oct.6 / Trend, S. Suleymanov, E. Ismailov /
Kazakhstan has not enough gas to participate in the Nabucco project, designed to diversify gas supplies to Europe, Kazakhstan's national company KazMunaiGaz Chairman Kairgeldy Kabyldin said Oct.5 in Astana.
According to him, Kazakhstan annually produces 30 billion cubic meters of gas, 7-8 billion cubic meters of which is exported.
"It's too little" Kabyldin said.
Nabucco gas pipeline project is worth €7.9 billion. Construction of gas pipeline is planned to be launched in 2011, the first supplies - in 2015. Maximal capacity of the pipeline will hit 31 billion cubic meters per year.
Construction of the Nabucco pipeline will be implemented in two main phases. The first phase of construction (2011) includes laying a new pipeline length of 2,000 kilometers, starting at the Turkish border and ending in Austria's Baumgarten. The second phase (2014-2015 year) includes the construction of the remainder of the pipeline on the border between Turkey and Georgia, as well as Turkey and Iraq.
Construction of the first section of Nabucco length of 2.730 kilometers will begin in the southern part of Ankara (Turkey) and will continue in the western direction to the Bulgarian border through Central Anatolia and the Marmara Sea. 75 percent of the route will pass through existing pipelines.
Nabucco participants are the Austrian OMV, Hungarian MOL, Bulgarian Bulgargaz, Romanian Transgaz, Turkish Botas and German RWE. Each has an equal 16.67-percent share.