Middle East Economic Survey

VOL. LIV

No 9

28-Feb-2011

CASPIAN

Nabucco Chief Confident On Pipelines Prospects, Despite New FID Delay

Nabucco gas pipeline consortium managing director Reinhart Mitschek told Dow Jones on 18 February that he remained confident that the pipeline will go ahead, saying that it hinges on securing gas from Azerbaijans Shah Deniz Stage 2 field development. I am convinced we will get the needed gas, said Mr Mitschek, although he added that that without supply contracts...