Nabucco Plans Georgian, Iraqi Gas Feeder Pipelines; Avoids Iran
By Nicholas Comfort and Zoe Schneeweiss -
2010-08-23T07:42:54Z
Nabucco Gas Pipeline International GmbH plans to supply the natural-gas transmission route to Europe with links to Turkey’s borders with Georgia and Iraq and has decided against a link to the country’s border with Iran.
The company’s shareholders decided at a meeting in Ankara to confirm and order engineering works for two of the feeder pipelines and to not plan a third one to the border with Iran “due to the current political situation,” Nabucco said today in an e-mailed statement.
To contact the editor responsible for this story: Nicholas Comfort at ncomfort1@bloomberg.net
More News:
Sponsored Links
Rate this Page