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Turkish minister: Turkish participation in Nabucco project important, necessary

Türkiye Materials 25 April 2012 17:34 (UTC +04:00)
Turkey's participation in the Nabucco gas project is important and necessary, Energy and Natural Resources Minister Taner Yildiz told the Sabah newspaper on Wednesday.
Turkish minister: Turkish participation in Nabucco project important, necessary

Azerbaijan, Baku, April 24 /Trend A.Taghiyeva/

Turkey's participation in the Nabucco gas project is important and necessary, Energy and Natural Resources Minister Taner Yildiz told the Sabah newspaper on Wednesday.

"Turkey will continue to support the project in any format of its implementation," Yildiz said.

Nabucco Gas Pipeline International proposed a new conception of the project (Nabucco-West) to the Shah Deniz consortium, according to which the pipeline will be laid from the Turkish-Bulgarian border to the Austrian Baumgarten. The project's original concept envisages the construction of the pipeline with the length at 3,900 kilometres from the Georgian-Turkish and Iraqi-Turkish borders to Baumgarten. The pipeline is expected to run through Turkey, Bulgaria, Romania, Hungary and Austria.

Nabucco is one of the Southern Gas Corridor projects, 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's current shareholders are the Bulgarian Energy Holding, Romanian Transgaz, Turkish Botas, Austrian OMV, German RWE and Hungarian FGSZ.

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