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Turkish Deputy PM: Situation in Iraq will impede gas supplies for Nabucco

Türkiye Materials 21 April 2012 16:23 (UTC +04:00)
The unstable political situation in Iraq will impede the supply of Iraqi gas for Nabucco, Anadolu news agency quoted Turkish Deputy Prime Minister Ali Babacan as saying on Saturday.
Turkish Deputy PM: Situation in Iraq will impede gas supplies for Nabucco

Azerbaijan, Baku, April 21 / Trend A.Taghiyeva /

The unstable political situation in Iraq will impede the supply of Iraqi gas for Nabucco, Anadolu news agency quoted Turkish Deputy Prime Minister Ali Babacan as saying on Saturday.

"The split that exists between the central government of Iraq and the Kurdish Regional Government, will become an obstacle for Iraqi gas supplies for Nabucco," said Babacan.

He also noted that Nabucco is very important both for European energy security, and revival of the region's economy.

Nabucco gas pipeline is designed to transport gas from the Caspian region and Middle East to the European countries. The start of the gas pipeline's construction is scheduled for 2013, the first deliveries are expected in 2017.

The project's original concept envisages the construction of the pipeline with the length at 3,900 kilometres and capacity of 31 billion cubic metres of gas per year from the Georgian-Turkish and Iraqi-Turkish borders to Baumgarten. The project's shareholders are Bulgarian Energy Holding, Romanian Transgaz, Turkish Botas, Austrian OMV, German RWE and Hungary's FGSZ.

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