Nabucco and Blue Stream possible to coexist, says Nabucco managing director

Nabucco and Blue Stream possible to coexist, says Nabucco managing director
# 07 June 2007 14:10 (UTC +04:00)
Nabucco Gas Pipeline International GmbH and supplying companies are discussing the terms and prices of gas delivery to European countries, said the Managing Director of Nabucco Gas Pipeline International GmbH, APA-Economics reports.
“Nabucco project is on the focus of attention and Russian-led Blue Stream Project will not have side-effects on this project. The European market is hungry for natural gas and this fact allows the two projects to coexist,” Reinhard Mitschek added.
He didn’t refer how much gas the Nabucco pipeline will take from Azerbaijan, saying the amount will depend on the market demand.
It is planned to bring the 3,300km pipeline of $5 billion online in 2012. /APA-Economics/
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