EU backs liquefied natural gas link, but push for project may be too soon
The EU supports Romania, Georgia and Azerbaijan’s new pioneering liquefied natural gas (LNG) interconnector AGRI - but analysts fear a strong push for the project in the short term could subvert the priority of alternative Nabucco
Report by Michael Bird November 2010 - From the Print Edition
At the European Commission level, the EU has confirmed its support for Romania, Azerbaijan and Georgia’s proposed liquefied natural gas (LNG) interconnector (AGRI), but the public launch of the project may be premature.
The AGRI plan is a rival element to a unified EU energy policy which is trying to hasten the development of the Nabucco pipeline - an eight billion Euro link between central Asia via Turkey to the EU which reduces the EU’s dependence on Russian gas.
In addition, financi... To continue reading this article you have to be registered
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