To him, this package of proposals was agreed in mid-January: ‘I think both sides are satisfied with a balanced solution,’ noted Mitschek
Answering the question on time of project realization, Mitschek noted that if Shah Deniz consortium passes decision on Nabucco West project, it will need more 2-3 months for the consortium companies to be as shareholders of the project: “When the consortium will be ready to send first gas to Europe, we’ll also be ready”.
Mitschek said that Nabucco consortium conducts negotiations with the potential financial institutions, which are able to investing in project, such as European Investment Bank, IFC EBRD: “They expect results of engineering works from us”.
Nabucco spokesman stressed that the talks are expected to start in autumn: “First of all, we have to determine structure of Nabucco consortium shareholder. This will known at the end of June. If we achieve improvement in talks with the financial institutions, construction of pipeline will start in 2015”.
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