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    FriedlNews: EU Commission Favors New Nabucco Project

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Summary

Following the rejection of the Nabucco pipeline project by the Shah Deniz consortium, the EU Commission is considering a stripped-down version along the Danube.

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Press Notes

FriedlNews: EU Commission Favors New Nabucco Project

After OMV’s pipeline project Nabucco failed, the EU Commission takes into consideration a stripped-down version along the Danube.

“Perhaps not under the name Nabucco West, perhaps with other investors but the infrastructure alongside the Danube will remain an important project particularly since we expect Romania to become not only a major gas market but also an exporter of gas with offshore gas and shale gas,” EU Commissioner for Energy Günther Oettinger said.

The Trans-Adriatic Pipeline (TAP), the competing project to OMV’s Nabucco where gas is transferred from Turkey via Greece and Albania to Southern Italy, was welcome “but the other infrastructure will remain necessary.” According to Oettinger, the decision between TAP and Nabucco was made. “The most important thing is: There is gas coming from Azerbaijan to the European gas market. The door is opened,” the Commissioner announced.

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