Sponsored Content
Nabucco: Flop for OMV and EU
People ♦
Published: June 27, 2013; 13:36 ♦ (Vindobona)
Petrom will resume exploration drilling in offshore Black Sea block.
Nabucco: Flop for OMV and EU / Picture: © Vindobona.org
The alternative pipeline for the OMV’s project “Nabucco” will now pass by Austria; it is a flop for OMV as around € 50m in planning costs are gone and Russia remains the supplier for Austria – via a single rusty pipe.
The award of contract was given to OMV’s competitor TAP (Trans Adriatic Pipeline) by the international Sha Deniz consortium, as reported by Athenian…
or Log In
Fast News Search