Nabucco West project to meet 50% of demand of Bulgaria, Romania, Austria anda Hungary for gas

Nabucco West project to meet 50% of demand of Bulgaria, Romania, Austria anda Hungary for gas
# 05 June 2013 14:19 (UTC +04:00)

According to him, if Nabucco West is selected by Shahdeniz consortium, preparatory stage for construction of the pipeline will be started in 2014: “First gas will be pumped into the pipeline at the end of 2018 and the beginning of 2019”.

Mitschek noted that the final investment decision on the projects is expected to be passed in September, 2013, the final investment decision on Shahdeniz – in October. He noted he is sure that the consortium will select Nabucco West: “Realization fo this project can be profitable for Western Balkan countries, Czech, Poland, Ukraine, France. TAP does not cover such number of countries”.

At the same time, Mitschek confessed that Nabucco West will not be able to replace of Russian gas fully: “Russian gas will be one of the main elements in transportation of energy carriers to Europe. But our goal is to improve competitiveness and create a selection opportunity for consumer. Nabucco West project will be able to meet half of energy demand of four countries – Bulgaria, Romania, Austria and Hungary”.

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