Turkish company plans to cover at least 15 percent of Nabucco's pipe needs

Azerbaijan, Baku, March 29 / Trend, A.Akhundov /

The Turkish pipe producer Ozbal Celik Boru plans to cover at least 15 percent of the Nabucco gas pipeline project's pipe needs, Chairman Yucehan Ozture told Trend over the phone on Tuesday.

"Our production volumes allow us to fully meet the Nabucco gas pipeline's pipe demand," Ozture said. "We will participate in the tender and plan to get at least 15 percent," he added.

He said Ozbal Celik Boru is capable of satisfying Nabucco's pipe needs from a financial and technical point of view.

The company opened its third plant in Mersin last week. Ozture said the new plant's production capacity will amount to 150,000 tons per
year.

The Nabucco project is designed to transport gas from the Caspian region and the Middle East to the EU countries. The project is worth 7.9 billion euro, with its construction planned to start in 2012 and the first supplies to be commissioned in 2015. The project's participants include the Austrian OMV, Hungarian MOL, Bulgarian Bulgargaz, Romanian Transgaz, Turkish Botas and German RWE.

Azerbaijan and Iraq are considered to be the main gas suppliers in the project's first phase. About 8-10 and 8 billion cubic meters are expected to be received. Subsequently, it is planned to use Turkmen gas in the project.

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