Middle East Economic Survey

VOL. LII

No 26

29-Jun-2009

CASPIAN/TURKEY

Nabucco Prospects Boosted By Turkish Concession

Ferran Tarradellas, spokesman for EC Energy Commissioner Andris Piebalgs, told a press conference in Brussels on 24 June that Turkey has dropped its demand for a 15% off-take from the proposed Nabucco gas pipeline, thereby opening the way for the signing of an intergovernmental agreement between Turkey, Azerbaijan and the remaining EU Nabucco partners Bulgarias BEH, Romanias...