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USA Protests against Turkey’s Plans to Transport Turkmen Gas to Europe

Oil&Gas Materials 16 July 2007 20:17 (UTC +04:00)
USA Protests against  Turkey’s Plans to Transport Turkmen Gas to  Europe

Georgia, Tbilisi / Trend / USA has protested against plans by the Turkish Government to transport Turkmen gas to Europe via the territories of Iran and Turkey and Turkish State Company's plan to develop Iranian gas field of South Pars. Reuters reports that the US Government objects to investments into Iran or energy projects in the country, RBK reports.

On 14 July the Government representatives of Turkey reported the signing of an initial agreement with Iran to transport 30 bln cu.m. of gas from Iran and Turkmenistan to Europe. Within the agreement, , the Turkish Petroleum Corporation (TPAO) will develop the Iranian gas field of South Pars. The starting date of the gas delivery has not been confirmed as yet. At the expense of the agreement, Turkey has tried to avoid the necessity to search for an alternative supplier for NABUCCO

The NABUCCO pipeline, 4,000 km in length, will ensure the delivery of the Middle Asian and Caspian gas to Europe via Azerbaijan, Georgia, Turkey, Bulgaria, Hungary, Romania and Austria. The pipeline is expected to be launched in 2011. The cost of the project is estimated at €5 bln.

NABUCCO is developed by Austrian OMV, Hungarian MOL, Turkish Botas, Bulgarian Bulgargaz and Romanian Transgaz.

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