Bayerngas Leaves Nabucco

BusinessCommodities ♦ Published: January 28, 2013; 20:06 ♦ (Vindobona)

The German natural gas company does not want to join the pipeline project.

Bayerngas Leaves Nabucco / Picture: © Vindobona.org

According to Bayerngas, the company will not participate in the gas pipeline project any longer. Bayerngas wants to adapt its corporate strategy. In future, the company will focus on the German pipeline market, the management said. Since October 2011, Bayerngas has talked about the entry.

In mid-2013, the final decision on the construction of the Nabucco pipeline will be taken.…