Sponsored Content
Nabucco Sees Decision on Combination With Tanap Next Year
Nabucco Gas Pipeline International GmbH, the € 7.9bn ($ 10.5bn) project to ship Caspian fuel to Europe, expects to make a decision on whether to link up with the competing Trans-Anatolia Pipeline next year.
Nabucco Sees Decision on Combination With Tanap Next Year / Picture: © Vindobona.org
“The point of no return is a final investment decision” and “that will most likely be next year,” Nabucco Managing Director Reinhard Mitschek said today in Ankara, Turkey. “That is something we’re working on in a very concentrated and focused form within the Nabucco group, with Shah Deniz partners and others.”
Nabucco, which is slated to bring as much as 31 billion…
or Log In
Fast News Search