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Nabucco Consortium proposes new pipe for transportation of Azeri gas

17 May 2012 07:39 (UTC +04:00)

â€œWe are convinced that we have submitted a competitive and comprehensive proposal to the Shah Deniz II Consortium, and that this proposal represents a win-win situation for our shareholders and for suppliers alikeâ€, said Reinhard Mitschek, Managing Director of Nabucco Gas Pipeline International GmbH.

Nabucco West is a modified concept of the Nabucco project. The concept foresees the construction of a 1300 km pipeline that will run from the Bulgarian/Turkish border to the Central European Gas Hub. The pipeline is designed to transport gas initially from Azerbaijan and is fully scalable to meet future gas transport demand from the Caspian Region and Middle-East to the European markets. Nabucco West will benefit from the existing legal framework, namely the Intergovernmental Agreement, Project Support Agreements and third party access exemptions as the Nabucco base case and will follow exactly the same route on European Union territory.