Latest Nabucco pipeline Stories

ALBANY, New York, May 15, 2013 /PRNewswire/ -- New Report Added in ResearchMoz Reports Database Pipeline Industry to 2017 - Rising Global Energy Demand and Increased Shale Gas Exploration Encouraging Growth ResearchMoz announces that it has published a new study Pipeline Industry to 2017 - Rising Global Energy Demand and Increased Shale Gas Exploration Encouraging Growth [http://www.researchmoz.us/pipeline-industry-to-2017-report.html ] A leading business...

KYIV, Ukraine, February 16, 2012 /PRNewswire/ -- Turkish energy officials along with their Ukrainian colleagues signed a protocol on bilateral cooperation on joint energy projects. The parties agreed to further collaboration on energy exports, gas, and implementation of the Ukrainian National Project of constructing a new terminal for liquefied natural gas on the shore of the Black Sea. The protocol was signed during the official visit of the Turkish delegation, which...

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Russia's hold on the European natural gas market is being challenged by a consortium of interests intent on building a pipeline from Turkey to central Europe. Officials from six countries are meeting in Turkey to sign an agreement to construct a pipeline that would run from Turkey to Austria, crossing through Bulgaria, Romania and Hungary, CNN reported Monday. The $11 billion project called Nabucco has U.S. support and would challenge the proposed South Stream pipeline Russia intends to...

Hungary is urging interested countries to speed up talks on construction of the Nabucco pipeline to carry gas from central Asia to Europe, officials said. Mihaly Bayer, Hungary's Nabucco pipeline representative, said the countries that sign an inter-government agreement scheduled for next week in Turkey, also should sign a political declaration to support the project, which is planned to reduce Europe's dependence on Russia's supply of natural gas. The countries that are to be involved in...

Turkey has OK'd a transit agreement for the Nabucco pipeline intended to reduce European dependence on Russian gas, the European Union said. An intergovernmental pact to be signed in Ankara July 13 will expedite construction of the pipeline and bring Caspian and Middle East gas to Europe as early as 2014, E.U. officials said Friday. Turkey had delayed the transit agreement while bargaining for a 15 percent share of the pipeline's capacity. The exact percentage Turkey would receive had yet to...

Text of report in English by Turkish privately-owned, mass- circulation daily Hurriyet website on 11 October The European Union said Turkey should waste no more time and negotiate seriously over the Nabucco gas pipeline while the US reiterated its support on the 12bn US dollars billion project. The project is designed to bring central Asian gas to Europe via Turkey, Bulgaria, Romania and Hungary. Supporters say it is vital to wean the region from over-dependence on Russian energy. "I...

Nabucco faces many difficulties, most significantly soaring construction costs and sourcing the gas. However, the EU ETS has the potential to make the project economically viable. Furthermore, Turkmenistan is showing signs of commitment to supply the pipeline, and although improved Western-Iranian relations are not on the horizon, Iran should be considered a viable supply solution in the long run. French utility GDF-Suez has reiterated its interest in following in the footsteps of German...

United Arab Emirates-based natural gas company Dana Gas and its partner private oil and gas company Crescent Petroleum have announced the start-up of natural gas production, processing and transportation by pipeline at their joint venture project in the Kurdistan Region of Iraq. Dana Gas and Crescent Petroleum are equal-stake partners in the project, and are investing $650 million under a strategic alliance and service contracts signed with the Kurdistan regional government in April 2007,...