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Thursday, July 17, 2008

Azerbaijan to join Nabucco summit in Hungary

July 11, 2008 - APA.ECONOMICS - An international summit will take place in Budapest on the initiative of the Hungarian government to give new momentum to the slow-moving Nabucco pipeline project, which will deliver gas to Europe bypassing Russia. “The Hungarian Prime Minister initiated a summit meeting with the participation of all the players in the Nabucco project: its shareholders, the transit countries and the supply countries,” government spokesman David Daroczi said. Hungarian Prime Minister Ferenc Gyurcsany during his visit to Azerbaijan called for a summit for countries involved in the Nabucco pipeline project and others who could potentially supply gas to Europe through the pipeline.

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