Middle East Economic Survey

VOL. LII

No 49

7-Dec-2009

CASPIAN

OMV Chief Says Nabucco Timetable Very Ambitious

OMV CEO Wolfgang Ruttenstorfer told a press conference in London on 27 November that the current Nabucco gas pipeline schedule, which calls for an investment decision by late 2010 and a start to construction work in 2011 to allow gas deliveries via Turkey by 2014, is very ambitions and to some extent out of our control. OMV is leading the Nabucco project, but Mr Ruttenstorfer appeared keen...