Decision on Nabucco Again Postponed

Energy › Oil & Gas ♦ Published: February 24, 2012; 18:11 ♦ (Vindobona)

The natural gas consortium „Shah Deniz II“ postpones its decision by one year. OMV´s CEO Gerhard Roiss underlines the importance of a pipeline to the Austrian hub Baumgarten.

Decision on Nabucco Again Postponed / Picture: © Vindobona.org

The decision on the natural gas pipeline from the Caspian region to Europe was again postponed. The decision of the operator consortium, which consists of BP and Statoil is expected for mid-2013. The “Shah Deniz II” gas field would be the most important natural gas source for Nabucco, where OMV participates in. For Nabucco, the decision is of vital interest.

OMV´s CEO…

or Log In

Fast News Search
Related News
OMV Surpasses Market Expectations (February 22, 2012)
Nabucco Still Competes For Gas in Azerbaijan (February 21, 2012)
Oettinger Expects Succesful Contracts Over Gas Deliveries (February 8, 2012)
Mitterlehner: „Shortages in Russian Gas Supply Not Dangerous“ (February 6, 2012)
Turkey Emphasizes Support for Nabucco (January 21, 2012)
Read More
Nabucco, OMV, Azerbaijan, Turkey, Norway, Germany, UK United Kingdom, Switzerland, Gerhard Roiss, BP, Statoil, Natural Gas, Energy Industry
Featured
See latest Vindobona Newsletter