Wednesday, June 26, 2013

Nabucco died. Bulgaria was only on Russian gas.

Nabucco died.
Bulgaria was only on Russian gas.


The consortium, which is developing a deposit "Shah Deniz" was chosen competitive project for the Trans-Adriatic Pipeline - TAP (TAP) in Greece, Albania and Italy, companies BP (BP), "Statoil" (Statoil), "Total" (Total) , "Lukoil" (Lukoil), Iranian oil company En Ay Oh My (NIOC), Turkish TPAO (TPAO) and energy giant Sokar Azerbaijan (SOCAR).
"Shah Deniz II" is one of the largest gas fields in the world. Expected him to deliver 6 bcm per year to consumers in Turkey and 10 billion cubic meters of those in Europe
Pipeline project "Nabucco" has failed.
Joint stock consortium "Nabucco" (Nabucco) are Austrian OMV (OMV), Hungarian FCC (FGSZ), Bulgarian "Bulgargaz" Romanian "Transgaz" (Transgaz), Turkish BOTAS (BOTAS).
To eliminate Nabucco, Russia employ its rival project "South Stream", which aims to bring gas from and through Russia to Europe and thus to maintain the Russian gas monopoly.
Construction of the "South Stream" can begin earlier and "Gazprom" is firmly convinced that the construction of the pipeline begins in late October or early November 2013.

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