Energy in the eye of the beholder: Nabucco Project, Black Sea exploration program and shale gas prospecting
On June 26, Nabucco consortium leader OMV announced that the group of companies operating the Shah Deniz gas deposit in Azerbaijan had not selected the Nabucco gas pipeline as the route to transport Azerbaijani gas to Europe. What are the consequences?
By Diana Mesesan July 2013 - From the Print Edition
The Nabucco-West project was designed as a gas pipeline from the Turkish-Bulgarian border to Austria, the project being developed by a consortium of six companies. How does this involve Romania? First, Romania had to be one of the transit countries, with about 475 kilometers of the pipeline planned to cross through it. Second, Romanian state-owned Transgaz Medias was part of the Nabucco consortium along with OMV (Austria), BEH (Bulgaria), MOL (Hungary), BOTAS (Turkey) and GDF Suez (France).
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