Prolongation of Nabucco Exemption Confirmed

Politics ♦ Published: May 14, 2013; 16:22 ♦ (Vindobona)

National Regulators Confirm Prolongation of Nabucco Exemption

Prolongation of Nabucco Exemption Confirmed / Picture: © Vindobona.org

The national regulators of Austria, Hungary, Romania and Bulgaria have confirmed via a draft decision the prolongation of the existing 50 % exemption from EU legislation on third party access granted to Nabucco. The prolongation is aligned with the expectations of the delivery timelines of Shah Deniz gas.

The four national regulators also confirmed via this decision their support…