Middle East Economic Survey

VOL. LIII

No 11

15-March-2010

CASPIAN

Scaroni Proposes Partial Combination Of South Stream And Nabucco Pipelines

Eni CEO Paolo Scaroni told the CERA Week conference in Houston on 10 March that the proposed South Stream and Nabucco gas pipeline projects, intended to carry a combined 62-93 bcm/year of gas to Europe, should partially join to cut down costs. He added: What we have here is what bankers call a strategic fit. Should all partners decide to merge the two...