Official: Nabucco pipeline’s reverse flow capacity gives it advantages over rival projects

Oil&Gas Materials 12 May 2012 15:06 (UTC +04:00)

Azerbaijan, Baku, May 12 / Trend A.Badalova/

Considerable reverse flow capacity is one of the main advantages of Nabucco gas pipeline compared to some rivaling projects, Publics.bg reported with the reference to Nabucco Gas Pipeline International GmbH spokesman, Christian Dolezal.

"About 400 million consumers will benefit from Nabucco, which also has a considerable possibility for reverse flow. This allows Nabucco to supply gas wherever needed, compared to some other rivaling projects," Dolezal said at the Gas and Power Business Forum. The forum was organized by G&P Solutions and Publics.bg.

According to Dolezal, much has been achieved on the way of the project implementation, in particular, in terms of engineering and environmental impact assessment. He believes that the pipeline has all chances to be built in spite of some difficulties and delay due to the project scale.

"Nabucco will rely and multiple gas suppliers, especially Iraq," Dolezal said.

Dolezal also stressed that Bulgaria has been a reliable partner for Nabucco project as the agreements with the government have been signed.

Nabucco is one of the Southern Gas Corridor projects, which is designed to transport gas from the Caspian region and Middle East to the European countries.

Gas to be produced within the second phase of Azerbaijani Shah Deniz gas field development is considered as the main source for the project.

Nabucco project's current shareholders are Bulgarian Energy Holding, Romanian Transgaz, Turkish Botas, Austrian OMV, German RWE and Hungary's FGSZ.

At present, the consortium of Azerbaijani Shah Deniz field development considers the options to export gas to the southern and central Europe, which include Nabucco West and SEEP. By May 16, these two projects are expected to submit their formal proposals to the Shah Deniz consortium. The pipeline route to Central European direction will be chosen by late June, 2012.