Nabucco project in doubt

PanARMENIAN.Net

Nabucco project in doubt
29.11.2008 14:32 GMT+04:00

/PanARMENIAN.Net/ The recent political and economic developments in
the region have diminished the chances for Nabucco project, lobbied by
the EU and U.S.

`Tajikistan, one of the key participants of the project along with
Azerbaijan, doesn’t seem interested in it. Furthermore, Russia’s offer
to buy Tajik gas at commercial price has alienated Ashkhabad from the
western brainchild. At that, Tajikistan has already launched gas
expert to Iran, China and Russia,’ said Chingiz Ismaylov, head of
Baku-based regional development center.

The major political factor against Nabucco is the strengthening of
Russia’s positions in the South Caucasus, according to him, 1news.az
reports.