Cancellation of South Stream can make Nabucco-West project a reality
Baku, Azerbaijan, Dec. 19
The cancellation of Russia's South Stream pipeline makes the restoration of the Nabucco-West pipeline project a reality, Novinite Sofia news agency reported citing Bulgarian Prime Minister Boyko Borisov.
Following a meeting with British Prime Minister David Cameron, Borisov said he was optimistic about the project which will transport natural gas, supplied from the Shah Deniz field in Azerbaijan, from the Bulgarian-Turkish border to Austria, passing through Romania and Hungary.
Bulgarian Prime Minister aslo said that he had explained to his fellows from the European People's Party both the idea for the gas hub, as well as the restoration of the Nabucco-West project.
In late June the consortium of the Azerbaijani Shah Deniz field development selected the Trans Adriatic Pipeline (TAP) as the gas transportation route to the European markets. TAP is designed to transport gas from the Caspian region via Greece and Albania and across the Adriatic Sea to southern Italy and then to Western Europe
Nabucco West was the second pipeline that competed for the transportation of Azerbaijani gas to Europe. It was proposed to transport gas from the Turkish-Bulgarian border, transiting Hungary, Bulgaria and Romania to the Central European Gas Hub at Baumgarten, Austria.