Itar-Tass, Russia
March 23 2010

Turkey, Azerbaijan suspend talks on Nabucco

23.03.2010, 15.26

ANKARA, March 23 (Itar-Tass) – The talks between Turkey and
Azerbaijan on the Nabucco gas pipeline project has been suspended,
Turkish Energy Minister Taner Yildiz told a news conference on
Ankara’s energy policy on Tuesday.

He stressed that the contacts with Baku on this project were suspended
`for political reasons.’

The Nabucco pipeline will run across Georgia, Azerbaijan, Turkey,
Bulgaria, Hungary, Romania and Austria. It will pump gas from the
Caspian region to Europe bypassing Russia.

The project is estimated at almost 8 billion U.S. dollars. More than
one third of the pipeline will run across Turkey’s territory.