Announcement

Collapse
No announcement yet.

No Concrete Plans Over Nabucco Project

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • No Concrete Plans Over Nabucco Project

    NO CONCRETE PLANS OVER NABUCCO PROJECT

    /PanARMENIAN.Net/
    03.06.2009 19:56 GMT+04:00

    /PanARMENIAN.Net/ There are no concrete plans over Nabucco pipeline
    construction; the program is just at the stage of discussion,
    Azerbaijan's Industry and Energy Minister Natig Aliyev said. According
    to the Azeri official, there are a lot of political and economic
    difficulties in implementing the project.

    "The pipeline route is not yet known. There are a lot of unresolved
    problems in terms of funding, resources etc. By 2020, Transcaspian
    countries are expected to obtain 300 billion cubic meters of gas. But
    transit cost is an extremely difficult problem. Even Azerbaijan and
    Turkey have not yet agreed upon the price. So, it will really be hard
    to reach agreement among 6 Nabucco transit states," 1news.az quoted
    Aliyev as saying.
Working...
X