05/17/12 19:23
(http://www.klassa.bg/)

Nabucco pipeline route to be shortened three-fold

The route of the Nabucco pipeline may be shortened three-fold. It may be reduced to 1,300 km, given that the pipeline was initially planned to be 3,900 km. This became clear after the Nabucco consortium presented its revised proposal - the Nabucco West project to the consortium developing the Shah Deniz 2 gas field in Azerbaijan, announced officials from the project company in charge of the implementation of Nabucco in the EU project. The pipeline is planned to start from the Caspian Sea and to pass through the Turkish - Bulgarian border, Bulgaria, Romania, Hungary to the Central European Gas Hub in Baumgarten, Austria.

"This version of the project would have cost around €1 bn to the six companies," stated in a press release Reinhard Mitschek, Managing Director of the Nabucco Gas Pipeline International GmbH. The consortium has the task of transporting Caspian gas from the Bulgarian-Turkish border to Baumgarten, Austria and there onto other European markets. RWE (Germany), OMV (Austria), MOL (Hungary), Bulgargaz (Bulgaria), Transgas (Romania) and Botha (Turkey) are shareholders with equal shares in the Nabucco Gas Pipeline International GmbH. The value of the facility, debated so far, is in the range of  €8-15 bn.

Gas transit from Iraqi Kurdistan through Turkey via the NabuccoWest pipeline will be discussed at the meeting of the Prime Ministers of Bulgaria and Turkey - Recep Tayyip Erdogan and Boyko Borissov in Varna, in the Euxinograd residence, according to a statement of Mohammed Khalaf, Arab journalist and correspondent of the Al Watan newspaper, on the Bulgaria On Air television. The meeting coincides with the visit of the Prime Minister and Minister of Foreign Affairs of Qatar Sheikh Hamad Bin Jassim Bin Jabr Al-Thani to Bulgaria.

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