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Shah Deniz Consortium to Enter Nabucco Project
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Today, the Nabucco´s shareholders and the Shah Deniz Consortium agreed on a joint declaration.
Shah Deniz Consortium to Enter Nabucco Project / Picture: © Vindobona.org
Nabucco Gas Pipeline International Gmbh ("NIC"), the shareholders in NIC ("OMV, BOTAS, BEH, Transgaz, RWE, FGSZ, hereinafter Nabucco Shareholders") and Potential Investors (SOCAR, BP, Statoil and Total) have reached agreement in principle on:Joint funding of the development costs of the Nabucco West up to the pipeline selection decision for Shah Deniz' European export route.
The…
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