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Nabucco Chief Expects Good News From Shah Deniz, Mediafax Says

Reinhard Mitschek, the Nabucco gas pipeline project’s managing director, expects “good news” at the end of this month from the group of companies operating the Shah Deniz gas field in Azerbaijan, Mediafax reported.

Nabucco is competing for Caspian gas from Shah Deniz with the BP Plc-backed South East Europe Pipeline project and the Trans-Adriatic Pipeline, planned by EGL AG, Statoil ASA (STL) and E.ON Ruhrgas AG.

To contact the reporter on this story: Andra Timu in Bucharest at atimu@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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