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Agreement on Iraqi gas transportation via Nabucco expected to be reached

Agreement on Iraqi gas transportation via Nabucco expected to be reached

10 June 2011 09:49 (UTC +04:00)

Baku. Victoria Dementieva â€“ APA. An agreement on transportation of Iraqi gas via Nabucco is expected to be reached by the end of the year, said Michael-Dieter Ulbrich, international gas transportation project manager of the Austrian OMV Company, APA reports. He said in north part of Iraq there a lot of gas resources, which would be developed easy. â€œThey are also nearer to the markets, so it is a big potential that this gas will be exported to Europe. We just need a political alignment which is on a good way. And we expect probably already this year, we will have some solutions for Iraqi gas. The potential of Iraq is quite huge. "

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