Middle East Economic Survey

VOL. L

No 49

3-December-2007

CASPIAN

EU Says Iranian Gas Unnecessary For Nabucco Pipeline

EU Energy Commission spokesman Ferran Taradellas-Espuny on 27 November said Iranian natural gas would not be necessary for the successful operation of the proposed 31 bcm/year Nabucco pipeline. For the realization of Nabucco, Iranian gas is neither necessary nor looked for, Mr Taradelles-Espuny said. We have plenty of gas coming from the Caspian region, excluding Russia and Iran...