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EU Requests Nabucco to Enter a Cooperation

Published: February 18, 2011; 00:15 · (Vindobona)

The European Union is pushing a merger between Nabucco and the ITGI pipeline project.

EU Requests Nabucco to Enter a Cooperation / Picture: © Flickr

If the EU’s intentions came true, Nabucco would merge with the currently competing project Interconnector Turkey-Greece-Italy (ITGI). The merger would lead to synergies caused by a greater relevance as buyers in the Caspian region. Gas supplies should be easier to obtain, as there is big competition to secure supplies from the Caspian region.

The current issue is the award of a…

This article includes a total of 225 words.

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