Middle East Economic Survey


No 32



Nabucco Confirms Final Investment Decision Set For 4Q 2010

The Nabucco Gas Pipeline project has confirmed to MEES that the final investment decision (FID) for construction of the 3,300 km gas pipeline will take place during the fourth quarter of 2010. Speaking at a press conference in Vienna on 4 August, Werner Auli, the head of OMVs Oil and Gas division said the FID for the project, which has weathered a number of delays, would either...