Nov 28, 2007

Iranian Gas 'Irrelevant' now for NABUCCO says EU Official

The issue of Iranian gas is "irrelevant" for the realization of the planned Nabucco pipeline, according to Ferran Tarradellas Espuny, the spokesman for EU Energy Commissioner Andris Piebalgs - reports AFX News.
"Iranian gas is neither necessary nor desired for Nabucco's realization at this stage," said Tarradellas Espuny, according to a report by the Austrian press agency APA.
The spokesman said the EU Commission is convinced that the Caspian Sea region can provide large amounts of gas for the Nabucco pipeline even without gas deliveries from Russia and Iran.
The founding members of the Nabucco consortium are Austria's OMV AG, Hungry's MOL, Botas of Turkey, Transgas of Romania, and Bulgaria's Bulgargaz. A sixth partner is scheduled to be named before the end of this year.

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