GUENTHER OETTINGER: NABUCCO TO BE READY IN 2018 AT THE EARLIEST

PanARMENIAN.Net
25.03.2010 15:44 GMT+04:00

/PanARMENIAN.Net/ The Nabucco natural gas pipeline to Europe will
be ready in 2018 at the earliest, four years later than originally
planned, European Energy Commissioner Guenther Oettinger told the
Sueddeutsche Zeitung newspaper.

Chances that a decision for building the pipeline will be taken
in 2010 are "at about 65 percent," Sueddeutsche cited Oettinger as
saying. "It will probably be 2018" before gas can be delivered through
the project," he said.

The planned 3,000-kilometer (1,800-mile) pipeline aims to diversify gas
supplies by bringing Caspian and Middle East fuel to Austria through
Turkey. The venture, led by Vienna-based OMV AG, is vying with Asian
and Russian projects for access to Azeri, Turkmen, Iranian and Iraqi
gas, Bloomberg reported.

From: Emil Lazarian | Ararat NewsPress