New Perspectives for Nabucco

People ♦ Published: January 14, 2011; 00:15 ♦ (Vindobona)

The European Commission wants to commit Azerbaijan to supply gas to Europe. This is expected to be done via the Nabucco pipeline.

President of the European Commission, José Manuel Barroso, Energy Commissioner Günther Oettinger and President of Azerbaijan, Ilham Aliyev, signed a Memorandum of Understanding in Baku for the supply of gas to the European Union. "This agreement strengthens Europe's direct access to gas from the Caspian basin", according to Barroso.

Oettinger pointed to the increasing energy…