Middle East Economic Survey

VOL. LIII

No 8

22-Feb-2010

CASPIAN

Romanian Parliament Ratifies Nabucco Agreement

Romanias Parliament on 16 February ratified the Nabucco gas pipeline intergovernmental agreement (IGA) that was signed by the six equal shareholders Turkeys Botas, Bulgarias BEH, Romanias TransGaz, Hungarys MOL, Austrias OMV and Germanys RWE in Ankara last summer (MEES, 20 July 2009). The IGA still needs the approval of the countrys Senate, but the proposed project is not...