Middle East Economic Survey

VOL. LI

No 47

24-Nov-2008

CASPIAN

OMV Starts Nabucco Gas Supply Talks With Shah Deniz Consortium

Werner Auli, Managing Director of OMVs Gas and Power division, told reporters on 14 November that the company had started negotiations with the BP-led Shah Deniz consortium in order to secure a gas purchasing agreement on behalf of the group pursuing the proposed 3,300km, $8bn Nabucco gas pipeline project. He said that Nabucco partners are expected to sign an...