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Nabucco project in doubt

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  • Nabucco project in doubt

    PanARMENIAN.Net

    Nabucco project in doubt
    29.11.2008 14:32 GMT+04:00

    /PanARMENIAN.Net/ The recent political and economic developments in
    the region have diminished the chances for Nabucco project, lobbied by
    the EU and U.S.

    `Tajikistan, one of the key participants of the project along with
    Azerbaijan, doesn't seem interested in it. Furthermore, Russia's offer
    to buy Tajik gas at commercial price has alienated Ashkhabad from the
    western brainchild. At that, Tajikistan has already launched gas
    expert to Iran, China and Russia,' said Chingiz Ismaylov, head of
    Baku-based regional development center.

    The major political factor against Nabucco is the strengthening of
    Russia's positions in the South Caucasus, according to him, 1news.az
    reports.
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