Vienna, 28 June 2012, NABUCCO Gas Pipeline International GmbH

NABUCCO CONSORTUM WELCOMES DECISION ON SHAH DENIZ II



  • Nabucco West chosen as Central European route for gas supplies from the Shah Deniz II field in Azerbaijan

  • Nabucco West is a 1,300-km, 48-inch pipeline running through Bulgaria, Romania, Hungary and Austria, capable of transporting up to 23 billion cubic metres of gas

The Shah Deniz II consortium announced today it has chosen Nabucco West as the preferred pipeline for bringing gas to Central Europe.

Supported by all six shareholders, the proposal for Nabucco West was submitted by Nabucco Gas Pipeline International GmbH on 16 May 2012.

Reinhard Mitschek, managing director of Nabucco Gas Pipeline International GmbH, explains: “This decision is an important milestone for the Nabucco Project and an important step toward the final investment decision. Nabucco offers gas customers more freedom of choice and is a significant contribution to ensuring Europe’s security of supply. We are looking forward to a successful partnership with the producers.”

At 1,300 kilometres in length and 48 inches (1,219 mm) in diameter, the pipeline will transport gas from the Turkish-Bulgarian border through Bulgaria, Romania and Hungary to Austria, supplying gas to each transit country along the way. Nabucco West is based on the same principles underlying the original Nabucco concept. The pipeline is therefore scalable, allowing natural gas to be fed in from a number of sources. Depending on market demand, its capacity can range from 10 billion to 23 billion cubic metres. The Intergovernmental Agreement (IGA) signed in July 2009 and the project support agreements concluded with all transit countries provide the project with a harmonised legal framework.



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