Nabucco offers final gas pipeline route to Shah Deniz

Oil&Gas Materials 3 November 2011 10:48 (UTC +04:00)

Azerbaijan, Baku, Nov.3 / Trend, E. Ismayilov /

The final proposal made by the Nabucco gas pipeline partners to the Consortium on Azerbaijan's offshore gas condensate Shah Deniz field development, envisages the construction of a gas pipeline from Baumgarten (Austria) to the Georgian-Turkish border, a senior representative of SOCAR told journalists on Wednesday.

"The last proposal from Nabucco was the construction of a gas pipeline from the Georgian-Turkish border to Baumgarten," the SOCAR representative said.

The Nabucco project is designed to transport gas from the Caspian region and the Middle East to EU countries. The project, worth 7.9 billion euro, is planned to start construction in 2013 and the first supplies will be commissioned in 2017.

The total length of the pipeline is 3900 kilometres with a maximum capacity of 31 billion cubic metres per year. The project's partners include the Austrian OMV, Hungarian MOL, Bulgarian Bulgargaz, Romanian Transgaz, Turkish Botas and the German RWE.

According to the SOCAR representative, the possible construction of the new gas pipeline in Turkey (as Ankara and Baku agreed in late October), which will supply gas from the east to the west of the country, does not negate the possibility of the implementation of Nabucco gas pipeline project, if it provides more favourable conditions .

As SOCAR head Rovnag Abdullayev said earlier, a consortium will be created in two months during Azerbaijan and Turkey's consideration of the construction of the last new gas pipeline with a length of 1800 kilometres over the territory

The consortium, along with Azerbaijani SOCAR and Turkish companies may also include companies and participants interested in purchasing gas, as well as company members of the Consortium of Shah Deniz gas field development.

Reserves of the Shah Deniz field are estimated at 1.2 trillion cubic meters of gas. Another six billion cubic metres will be delivered to Turkey in addition to 6.6 billion cubic metres within the Shah Deniz's first stage of development.