Nabucco Loses RWE Replacement
Bavaria’s largest gas distribution company, Bayerngas, on 28 January announced its decision to end its negotiations with Nabucco on becoming a major shareholder in the 1,326km pipeline project. Bayerngas initially expressed an interest in joining the Nabucco project in September 2011, when it would have been the consortium’s second German partner after RWE. After a hiatus Bayerngas restarted its talks with Nabucco...
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