Bank Of Baku

European Commission official: Azerbaijan’s collaboration with Russia does not shackle its involvement in Nabucco project

European Commission official: Azerbaijan’s collaboration with Russia does not shackle its involvement in Nabucco project
# 28 July 2009 08:15 (UTC +04:00)
“Presently, there are indications that gas could come from Azerbaijan, Iran and other sources, including Egypt. And the fact that Azerbaijan is working with Russia on other projects doesn’t obstruct its involvement in the Nabucco project” he added.

Following seven years of tough negotiations, Turkey and four European countries signed a landmark agreement in Ankara on July 13 to build the 3,300 kilometer gas pipeline.

The pipeline will run from energy-rich Azerbaijan through Turkey to Bulgaria and Romania, ending in Austria.

The Nabucco pipeline is seen as a rival to the Moscow-backed South Stream pipeline, which is to route Central Asian gas through Russia, Ukraine and the Balkans to Italy.

Supporters believe that once Nabucco is built it will draw in supplies from Egypt, Iran, Iraq and Turkmenistan in addition to Azerbaijan.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED