Reinhard Mitschek: â€œThe document signed on Nabucco, in Baku, is a strong encouraging political signal for producers and gas buyersâ€
14 January 2011 12:04 (UTC +04:00)
Reinhard Mitschek, Managing Director, Nabucco Gas Pipeline International GmbH, commented: â€œThe Joint Declaration on strategic gas supplies to Europe is of particular importance as it seals the bond between the EU nations and a close neighbour and strategic partner. Building on the Intergovernmental agreement, which was signed by the governments of the Nabucco transit countries in July 2009, the Joint Declaration serves to pave the way to the full implementation of Nabucco, by providing a firm political basis for gas supply from Azerbaijan. The joint declaration highlights in point five the importance of the southern corridor which is a strong encouraging political signal for producers and gas buyers. Nabucco as flagship project is the most advanced pipeline project in the Southern Corridor and is designed to meet the needs of the growing future gas markets.