Middle East Economic Survey

VOL. LIV

No 3

17-Jan-2011

CASPIAN

No Plan To Merge South Stream And Nabucco, Says Scaroni

Paolo Scaroni, CEO of Italys Eni, told reporters on 12 January that there was no plan for merging the proposed South Stream and Nabucco gas pipeline projects, although last year he did suggest the two projects should partially join to cut costs (MEES, 15 March 2010). Mr Scaroni said: It is impossible to have synergies with something that does not exist. He was responding to a...