Nabucco pipeline

Nabucco Pipeline

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Nabucco pipeline

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Description:
The Nabucco pipeline (also referred as Turkey–Austria gas pipeline) is a proposed natural gas pipeline from Erzurum in Turkey to Baumgarten an der March in Austria diversifying natural gas suppliers and delivery routes for Europe. The pipeline attempts to lessen European dependence on Russian energy. The project is backed by several European Union states and the United States and is seen as rival to the Gazprom-Eni South Stream pipeline project. At the same time, there are some doubts concerning viability of supplies. The main supplier is expected to be Iraq in cooperation with Azerbaijan, Turkmenistan, and possibly Egypt.

Preparations for the Nabucco project started in 2002 and the intergovernmental agreement between Turkey, Romania, Bulgaria, Hungary and Austria was signed on 13 July 2009. The project is developed by the consortium of six companies. If built, the pipeline is expected to be operational by 2017 and it will carry 31 billion cubic metres of natural gas per year.

Motivation



The Nabucco project is backed in its design by the European Union and the United States<ref...
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