Continued support for Nabucco

Continued support for Nabucco:

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Nabucco West Route (source: Wikipedia)

The Nabucco West pipeline would appear to be dead. Rejected in favour of the Trans-Adriatic Pipeline by the Shah Deniz consortium back in June, with the consortium’s website down and with consortium shareholders reading the last rites, the once-mighty project is surely buried forever.

But Nabucco shows signs of rising, Lazarus-like, from the grave. On 2 September Turkish Energy Minister Taner Yildiz said that the pipeline from the Turkish-Bulgarian border to Austria is “still on the table” and could be realised in the future. He cited new supplies of gas due to come from northern Iraq and growing demand within Europe as signs that TAP would not, ultimately, be sufficient.

Yildiz is not the only one trying to revive Nabucco at the moment. His Azerbaijani counterpart Natig Aliyev, speaking the day after Yildiz, said that the projects “have different goals and the choice of TAP does not exclude implementation of Nabucco”. He said that if Azerbaijani gas production increases as anticipated, there will be a clear opportunity to build Nabucco in the future. Bulgarian President Rosen Plevneliev also said in July that Sofia would continue working for the project’s implementation."

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