Saturday 4 February 2012

Nabucco Pipeline: Finita la Comedia? | EurasiaNet.org

Though the Nabucco pipeline project did have a promising libretto, some energy analysts believe it may never see its name in lights. On the lookout for lower-priced production values, some pipeline stakeholders increasingly seem inclined to replace the energy opera with an operetta.

In a January 31 column for Turkey's Hürriyet Daily News, Barcin Yinanç argued that the Trans-Anatolian Gas Pipeline Project (TANAP), to stretch from Azerbaijan to Bulgaria, is the new and "abridged" Nabucco.

“Abridged...indeed is the right term since while Nabucco was supposed to carry 31 billion cubic meters [of natural gas], the amount that will be carried to Europe [via TANAP] is limited to six billion cubic meters,” wrote Yinanç.

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