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OMV says it’s important to get Caspian gas not attaching significance to any pipeline

Oil&Gas Materials 5 December 2011 12:55 (UTC +04:00)
Austrian energy group OMV underlines the importance of getting the Caspian gas for the European customers, not attaching the significance to the pipeline, which will transport it, Gulf News reported referring to the company’s CEO Gerhard Roiss.
OMV says it’s important to get Caspian gas not attaching significance to any pipeline

Azerbaijan, Baku, Dec. 5 /Trend A.Badalova/

Austrian energy group OMV underlines the importance of getting the Caspian gas for the European customers, not attaching the significance to the pipeline, which will transport it, Gulf News reported referring to the company's CEO Gerhard Roiss.

"The important thing was getting gas from the Caspian region to customers in OMV's markets rather than which pipeline got used for this," Roiss said.

OMV is one of the shareholders in Nabucco gas pipeline project, which is designed to transport gas from the Caspian region and Middle East to European countries.

Talking about the prospects of realizing this project, Rioss said that its future was largely out of OMV's hands given the geopolitical factors at play.

He said OMV is interested in Nabucco project, adding that any pipeline that ends in Baumgarten (Austria) is important for the country and for Europe.

Nabucco gas pipeline project is one of the projects within the Southern gas Corridor, which aims in diversifying energy supply routes and sources and increasing security of the European countries.

Gas, which will be produced within the second phase of Azerbaijani Shah-Deniz gas field development is regarded as the main source for Nabucco project.

The total length of Nabucco pipeline is 3,900 kilometers with a maximum capacity of 31 billion cubic meters per year. The project's other partners include Hungarian MOL, Bulgarian Bulgargaz, Romanian Transgaz, Turkish Botas and the German RWE.

Along with other Southern gas Corridor projects (ITGI and TAP) Nabucco is waiting for the decision of Shah-Deniz consortium on the preferable transportation route, which is expected in the nearest future.

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