Nabucco Announces Further Delay of Pipeline Project

EnergyOil & Gas ♦ Published: May 6, 2011; 22:14 ♦ (Vindobona)

Nabucco Gas Pipeline International GmbH today announces a revised timeline for the Nabucco pipeline project., which is due to a lack in suppliers.

Nabucco Announces Further Delay of Pipeline Project / Picture: © Vindobona.org

The timeline has changed as a direct result of the changes in "the timing for gas supplies in the Caspian and Middle East regions", as announced by potential suppliers. Construction is envisaged to commence in 2013 to align the Nabucco timeline with gas suppliers.

Reinhard Mitschek, Managing Director, Nabucco Gas Pipeline International GmbH, commented: “Nabucco’s progress has…