Middle East Economic Survey
IEAs Tanaka Says Nabucco Better Than South Stream For Europe
IEA Executive Director Nobuo Tanaka told an energy conference in Budapest on 24 February that the Nabucco gas pipeline would be better for European security of gas supply than the rival South Stream project. According to Mr Tanaka, South Stream would increase or at the very least sustain the current level of European import dependence on Russian gas. The...