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New Hope for Nabucco

Published: December 22, 2012; 16:45 · (Vindobona)

The gas pipeline project is said to get a new major shareholder. In case of the entry of the Shah Deniz II consortium, Nabucco´s utilization would be secured.

New Hope for Nabucco / Picture: © Vindobona.org

According to the Bulgarian energy holding BEH, the gas consortium Shah Deniz II may become a major shareholder of Nabucco in January. The consortium is said to acquire a 50% stake.

For Nabucco, the entry of the consortium would be a major progress. In the last weeks, Nabucco had to register a number of severe setbacks. At the beginning of December, the German energy group…

This article includes a total of 250 words.

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