Russia Pipeline

Russia Pipeline

That's the main problem and the EU: not only he wants to get Caspian gas. Besides Russia, interest in him expressed by China and India may prove even Iran. Brussels, as well as U.S. diplomats will have to intensify their efforts to make comprehensive and meaningful agreement. The project Nabucco – is the main southern route the EU, designed to diversify supplies fuels and reduce dependence on Russia. But he obviously does not receive sufficient funding, and therefore the timetable for its completion by 2014 can be implemented. A consortium of national energy Companies from the transit countries (OMV, MOL, BOTAS, Transgaz, Bulgargaz) and German RWE will allocate specific funds only after the agreement will be signed by gas producers.

Even worse, other pipelines designed to supply gas in "Nabucco" are even less attention from Boyusselya. In the first stage of pipeline Nabucco can pump 10-15 billion cubic meters of gas from Azerbaijan's fields only. But to get the pipeline full at all its designed capacity, representing 31 billion cubic meters of gas a year, you will have access to Turkmen stocks. And to reach out to the fields in Turkmenistan, will pave the Trans-Caspian pipeline connecting the country with Azerbaijan. This project could be implemented before the construction of Nabucco. But because of the lack of political will on the West early in this decade, this plan was thwarted. Contrary to the usual commercial practice, the Europeans wanted to Turkmenistan and Azerbaijan agreed to build the pipeline even before Europe will submit their bids for the purchase of gas.

Comments are closed.