Sunday, May 10, 2009

Central Asian states refused to support the project Nabucco.

Kazakhstan, Turkmenistan and Uzbekistan refused to sign a declaration on the project to construct a gas pipeline Nabucco, which will help to deliver fuel from the Caspian region to Europe, bypassing Russia. That was reported by AFP, referring to unnamed sources.
According to the agency, representatives of Azerbaijan, Egypt, Turkey and Georgia signed the declaration. This document was prepared under the opening in the Prague Summit "Southern Corridor - a new silk road", said RIA Novosti. It stated that all parties involved in the Nabucco States will do everything to sign an intergovernmental agreement on the draft until June 2009.
Expected that the throughput capacity of the new pipeline, which has not yet started to build, will be 30 billion cubic meters of gas a year. This has not yet identified the countries that could provide the download Nabucco, as Asian exporters are working with Russia and China, the capacity of Azerbaijan to this is not enough, a trade relationship with Iran is limited by international sanctions.
Nabucco should pass through Turkey and the Balkan states to Austria. The implementation of the project is estimated at 7.3 billion dollars. The consortium Nabucco Gas Pipeline International, the project includes the Austrian OMV, Hungarian MOL, Romanian Transgaz, Bulgarian Bulgargaz, Turkish Botas and German RWE.
It is believed that the Nabucco project is competing with the "Southern stream" Russia's Gazprom. "South Stream" will be put on the Black Sea and the territory of the Balkan countries in Central and Southern Europe. The pipeline, which would download of up to 47 billion cubic meters of gas a year, is expected to be launched from 2015 to 2024.

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