CASPIAN
Nabucco Submits New Shah Deniz Proposal
Reinhard Mitschek, Managing Director of Nabucco Gas Pipeline International, issued a press statement on 16 May confirming the submission of a new proposal to the Shah Deniz gas field consortium. This replaces the original 3,900km, 31 bcm/year capacity pipeline to deliver Azeri, Turkmen and Iraqi gas across Turkey to Southeast Europe. The Asiatic component of Nabucco has now been fully replaced by the Trans...
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