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Friday 28 June 2013

Nabucco project fails, placed by Trans Adriatic Pipeline project

The Nabucco pipeline to be built to carry natural gas to Shah II sea field in Azerbaijan was failed for the consortium preferred Trans Adriatic Pipeline (TAP), using another route
VIENNA / ANKARA (AA) - The Nabucco pipeline to be built to carry natural gas to Shah II sea field in Azerbaijan was failed for the consortium preferred Trans Adriatic Pipeline (TAP), using another route.
The Nabucco project faced a removal possibility after Austria's gas and oil company OMV announced its detachment to the project and stated they approved TAP for its being "more economic".

Azerbaijani natural gas would have been carried through Turkey, Bulgaria, Romania, Hungary and Austria to Europe within the scope of Nabucco project, where Turkey was a member. However, consortium active in Shah II sea field in Azerbaijan showed TAP as an alternative to Nabucco, which would carry the gas in a shorter route through Turkey to Italy. It was announced that Azerbaijan, Turkey, Switzerland, Norway and Germany were partners of the project.      
Coordinator of science and experts board of economy and development research center of Caspian strategic institute (HASEN) Efgan Niftiyev stated the gas would be transported through TAP in first phase of Trans Anatolia Natural Gas Pipeline (TANAP) Project, saying, "TANAP consists of 3 phases. In the first one, 16 billion cubic meters gas would be transported though TAP. On which phases the transportation would take place is not clear yet. West might be included to the Nabucco play."

Some other natural gas pipelines, concerning Turkey are Iraq-Turkey natural gas pipeline project, carrying the gas to Turkey and Europe, the Egypt-Turkey natural gas pipeline project to transport the Egyptian gas to Jordan, Syria & Lebanon to be carried through Turkoglu-Kilis pipeline and Turkmenistan-Turkey-Europe natural gas pipeline through Khazar and Turkey to Europe. 
The Nabucco is the gas bridge project from Asia to Europe and the flagship project in the Southern Corridor. It would be a pipeline to connect the world’s richest gas regions, the Caspian region and Middle East to the European consumer markets.
The Trans Adriatic Pipeline (TAP) is a natural gas pipeline project, which will start in Greece, cross Albania and the Adriatic Sea and come ashore in southern Italy, allowing gas to flow directly from the Caspian region to European markets.
http://www.aa.com.tr
27/6/13
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