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Proposal for “Nabucco West” Scenario Submitted to Shah Deniz II Consortium

Oil&Gas Materials 17 May 2012 09:39 (UTC +04:00)
The Nabucco Consortium submitted a proposal to the Shah Deniz II Consortium for the construction of a “Nabucco West” pipeline, which would bring Caspian gas from the Bulgarian-Turkish border to Baumgarten and beyond.
Proposal for “Nabucco West” Scenario Submitted to Shah Deniz II Consortium

Azerbaijan, Baku, May 17 / Trend A.Badalova /

The Nabucco Consortium submitted a proposal to the Shah Deniz II Consortium for the construction of a "Nabucco West" pipeline, which would bring Caspian gas from the Bulgarian-Turkish border to Baumgarten and beyond.

"We are convinced that we have submitted a competitive and comprehensive proposal to the Shah Deniz II Consortium, and that this proposal represents a win-win situation for our shareholders and for suppliers alike", said Reinhard Mitschek, Managing Director of Nabucco Gas Pipeline International GmbH, Nabucco website reported.

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.

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

Earlier Germany's RWE stated that the company analyses the conditions of newly proposed Nabucco West project and its ability to meet Europe's strategic goals.
Nabucco West is a short-cut version of Nabucco project, which envisages a construction of the pipeline from Turkish-Bulgarian border to Austria.

According to Ozgul, Turkey assumes that Nabucco West will be the natural continuation of Azerbaijani-Turkish Trans Anatolian Pipeline (TANAP), which will be laid from the eastern border of Turkey to the country's western border.

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