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NABUCCO AND TURKMENISTAN/ OUR ENERGY SECURITY, TURKMENS...

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Nabucco and Turkmenistan/ Our energy security, Turkmens’ misery

9, pdf
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Nabucco and Turkmenistan/ Our energy security, Turkmens’ misery



Publisher: CEE Bankwatch Network

Date: October, 2010

Volume: 9 pages, pdf

Description

The Nabucco pipeline project, named after the opera of Giuseppe Verdi, is an almost 10 year old idea to bring Caspian or Middle Eastern gas through Turkey to the European Union. Its planned route is 3300 kilometres long, making it one of the longest pipelines outside of Russia, and it is envisaged to go through Turkey, Bulgaria, Romania and Hungary to Austria. The estimated cost of construction is currently almost EUR 8 billion and the planned final capacity is 31 billion cubic metres. The shareholders of the Nabucco consortium are OMV (Austria), MOL (Hungary), Transgaz (Romania), Bulgargaz (Bulgaria), BOTAŞ (Turkey) and RWE (Germany).