Sponsored Content
OMV Plans Downsizing of Nabucco
Sponsored Content
The Austrian oil and gas group works on a downsized version of the natural gas pipeline project. The original version would become too expensive, analysts say.

The originally planned route of Nabucco has a length of 3,900 kilometers. Natural gas from the Caspian region should be transferred to Austria. The setting-up operations should start in 2018. Initially, costs of € 8.0bn were estimated. Market observers think that this calculation is too optimistic and expect costs of € 15.0bn instead. Nabucco´s capacity would reach 31 billion cubic…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
MOL May Leave Nabucco Project (April 24, 2012)
Downsizing of Nabucco Plans (March 16, 2012)
Nabucco: Costs Could Grow Further (March 3, 2012)
Merger of Nabucco-TANAP Discussed (February 28, 2012)
Decision on Nabucco Again Postponed (February 24, 2012)
Sponsored Content
Read More
Featured