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Other project proposals do not affect Nabucco

Oil&Gas Materials 29 December 2011 15:04 (UTC +04:00)
“Nabucco” is a unique European-Turkish gas pipeline project and is not affected by other project proposals, the spokesman of Nabucco Gas Pipeline International GmbH, Christian Dolezal told Trend on Thursday.
Other project proposals do not affect Nabucco

Azerbaijan, Baku, Dec. 29 /Trend A.Badalova/

"Nabucco" is a unique European-Turkish gas pipeline project and is not affected by other project proposals, the spokesman of Nabucco Gas Pipeline International GmbH, Christian Dolezal told Trend on Thursday.

He said that Nabucco and South Stream projects cannot be compared.

"Nabucco has a very strong legal framework with all transit countries and Turkey in form of the Intergovernmental Agreement as a treaty and the bilateral Project Support Agreement, BOTAS is Nabucco Shareholder," Dolezal said.

He believes that South Stream is a route substitute while Nabucco opens a new corridor with diversified gas supply for Turkey and Europe.

This week Russia and Turkey agreed on the long-term contracts on gas supplies until 2021 and 2025. The agreement was reached in Ankara in talks between Turkish Energy Minister Taner Yildiz and executives from Russia's Gazprom on the award of a final construction permit for the South Stream pipeline, which will carry Russian gas from the Black Sea to Europe.

Nabucco gas pipeline project is designed to transport gas from the Caspian region and Middle East to the European countries.

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

Nabucco project is planned to start construction in 2013 and the first supplies will be commissioned in 2017. The total length of the pipeline is 3,900 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.

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