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Thursday, January 10, 2008

Azerbaijan interested in Nabucco pipeline

17 December 2007 [10:43] - AzerTAc - Azerbaijan is interested in Nabucco pipeline as it will open up additional opportunities for delivering gas from the Shahdeniz field to the European markets, the country`s Ministry of Industry and Energy said. Construction of the Nabucco pipeline, which will deliver the Caspian gas to Europe, is scheduled to end by 2011. The project is estimated to cost 5.8 billion dollars. The pipeline is planned to transport about 30 billion cubic meters of gas a year.

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