Nabucco – an economic comparison

According to RWE, the Nabucco gas pipeline will offer Caspian gas producers such as Azerbaijan the cheapest option to link their gas resources with the large downstream markets of Europe. Comparing publicly available data from other pipeline projects such as South Stream, Interconnector Greece-Italy (IGI) and Trans-Adriatic Pipeline (TAP), RWE has established clear evidence of the considerable benefits of Nabucco. Thus, Nabucco will not only enhance security of supply for Europe, but also security of demand and prices for gas suppliers in the Caspian region and the Middle East.

Stefan Judisch, CEO of RWE Supply & Trading, explained: "Nabucco offers the Caspian producers the highest net back value for their gas deliveries to Europe and the most secure transportation route. Nabucco clearly offers significant cost advantages compared to all other pipeline projects planned in southeastern Europe."