Bank Of Baku

Matthew Bryza: “Azerbaijan can manage to ensure reserve base of Nabucco”

Matthew Bryza: “Azerbaijan can manage to ensure reserve base of Nabucco”
# 27 January 2009 15:59 (UTC +04:00)
Mathew Bryza, Deputy Assistant Secretary of State for European and Eurasian Affairs said while addressing Nabucco Summit in Budapest.
“Nabucco will gain successes, if macroeconomic terms play key role in future. The pipeline will give an opportunity to transfer 40-50% cheap gas from Iraq and Egypt. Azerbaijan can manage to ensure reserve base of Nabucco. Baku has already demonstrated its reliable partnership”, he said.
Bryza underlined that Nabucco should be assessed as investment project of strategic importance. He urged interested states to support the project, otherwise they could not catch historical event.
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