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Nabucco Welcomes Bayerngas’ Intent to Become New Shareholder

Published: October 1, 2011; 20:58 · (Vindobona)

Nabucco Gas Pipeline International GmbH welcomes Bayerngas’ intent on becoming one of the Nabucco shareholders. Negotiations with the six current shareholders will begin immediately to determine the future share split within the consortium.

Nabucco Welcomes Bayerngas’ Intent to Become New Shareholder / Picture: © Flickr

Bayerngas’ intention to join the Nabucco consortium will be discussed at a meeting between the Austrian Minister of Economy, Dr. Reinhold Mitterlehner and the Bavarian State Minister for Economy, Mr Martin Zeil in Vienna today.

Reinhard Mitschek, Managing Director, Nabucco Gas Pipeline International GmbH, stated: “This is a great step forward for Nabucco. A strong downstream…

This article includes a total of 226 words.

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