Nabucco: First Deliveries Before Year-End

EnergyOil & Gas ♦ Published: November 9, 2010; 10:34 ♦ (Vindobona)

While sharp criticism of the pipeline project is heard again from Moscow, there is optimism at Nabucco.

Nabucco: First Deliveries Before Year-End / Picture: © Nabucco

The rivalry between the two pipeline projects Nabucco and South Stream goes on. South Stream is promoted by Russia; in contrast, Nabucco is a consortium project in which essentially the Austrian OMV is involved.

Nabucco has no prospects, says the Russian Deputy Prime Minister Igor Sechin. This is why the EU has been asked to declare the South Stream project initiated by…