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NABUCCO REACHES AGREEMENT WITH HOLDERS, SHAH DENIZ CONSORTIUM

     (The following press release from Nabucco Pipeline was received by e-mail. 
It was not confirmed by the sender.) 
JOINT DECLARATION OF NABUCCO SHAREHOLDERS, NIC,POTENTIAL INVESTORS AND SHAH 
DENIZ CONSORTIUM DATED 10 JANUARY 2013 
Nabucco Gas Pipeline International Gmbh ("NIC"), the shareholders in NIC ("OMV, 
BOTAS, BEH, Transgaz, RWE, FGSZ, hereinafter Nabucco Shareholders") and  
Potential Investors (SOCAR, BP, Statoil and Total) have reached agreement in 
principle on: 
Joint funding of the development costs of the Nabucco West up to the pipeline 
selection decision for Shah Deniz' European export route; and 
The granting to Potential Investors of equity options of 50% to participate as 
shareholders in NIC following a positive pipeline selection decision by the 
Shah Deniz Consortium in favour of Nabucco West. 
This agreement is being formalised in an Equity Option and Funding Agreement 
between the Nabucco Shareholders, NIC and the Potential Investors. 
The Shah Deniz Consortium, NIC and the Nabucco Shareholders have also reached 
agreement in principle on a Cooperation Agreement for further development of 
Nabucco West and alignment with the Shah Deniz Stage 2 Project. 
The Equity Option and Funding Agreement and the Cooperation Agreement are being 
finalised and will be executed shortly in Vienna, Austria between the relevant 
parties. 
The pipeline selection decision for Shah Deniz' European export route is 
expected to be taken by the Shah Deniz Consortium by 30 June 2013. 
NABUCCO Gas Pipeline International GmbH
Floridsdorfer Hauptstrasse 1
1210 Vienna
Austria
Tel  +43 (1) 27777 238
Fax +43 (1) 27777 5 238
Cell: +43 676 888 30 238 
http://www.nabucco-pipeline.com
 
 
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