Nabucco Still Competes For Gas in Azerbaijan

Business › Commodities ♦ Published: February 21, 2012; 18:56 ♦ (Vindobona)

The gas pipeline project, in which the Austrian oil company OMV is engaged, now enters the critical phase.

Nabucco Still Competes For Gas in Azerbaijan / Picture: © Vindobona.org

For Nabucco, the critical period has begun. The consortium competes for getting access to the Shah Deniz gas field in Azerbaijan. After one of the competitors has been excluded by the operator companies BP and Statoil, only four applicants are remaining.

According to information by BP, the TAP pipeline is seen as favorite in case of a rout via Turkey. Thus, the…

or Log In

Fast News Search
Related News
Oettinger Expects Succesful Contracts Over Gas Deliveries (February 8, 2012)
Mitterlehner: „Shortages in Russian Gas Supply Not Dangerous“ (February 6, 2012)
Turkey Emphasizes Support for Nabucco (January 21, 2012)
RWE Considers Alternative to Nabucco (January 20, 2012)
OMV Raises Oil Production in Libya (December 3, 2011)
Read More
Nabucco, Germany, Switzerland, Statoil, BP, UK United Kingdom, Norway, Azerbaijan, Turkey, Hungary, Bulgaria, Natural Gas, EU European Union, Energy Industry
Featured
See latest Vindobona Newsletter