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Latest Nabucco Stories

2009-09-29 11:22:00

PORTLAND, Ore., Sept. 29 /PRNewswire/ -- A 5,500-seat amphitheatre will be constructed at the base of the towering plateau fortress of Masada in the Dead Sea region of Israel for use for one weekend only - June 3 - 5, 2010. Ya'lla Tours USA is the only tour company in the United States to be actively promoting the tickets to the concerts and that has access to area accommodations. To round out this chance of a lifetime, Ya'lla has created 7-day and 13-day Musical Israel travel programs...

2009-07-04 11:11:19

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...

2008-10-08 09:00:42

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...

2008-09-16 09:00:45

Barroso says Nabucco pipeline not threatened by other projects BUDAPEST, Sept. 15 (Xinhua) -- The European Union-backed Nabucco gas pipeline is not necessarily endangered by other ongoing pipeline projects, visiting European Commission President Jose Manuel Barroso said Monday. Barroso made the remarks to address the concern that Hungary's gas deal with Russia earlier this year may undermine the Nabucco project designed to reduce Europe's energy reliance on Russia. "Europe is in need...

2008-08-23 06:00:41

Text of report in English by Romanian government news agency Agerpres Bucharest, 22 August: Nabucco project has not [been] endangered by developments in Georgia, said, on Friday [22 August], at Cotroceni presidential Palace, President Traian Basescu, as a conclusion to a diplomatic tour he made on Wednesday and Thursday, in Black Sea countries. "The Russian action in Georgia has had nothing to do with the energy infrastructure. On the contrary, it seems they have taken care to protect it,...

2008-07-14 12:00:54

Text of report by Hungarian privately-owned liberal newspaper Nepszabadsag website, on 14 July [Commentary by Tibor Kis: "Dry Nabucco"] As things stand today, the chances for the construction of the Nabucco international gas pipeline are as high as European Commission President Jose Barroso being the lead singer in a Verdi opera at La Scala. Public opinion has so far been content to believe that it is at this end of the pipeline that major trouble flares up. From now on, ever since...


Word of the Day
drawcansir
  • A blustering, bullying fellow; a pot-valiant braggart; a bully.
This word is named for Draw-Can-Sir, a character in George Villiers' 17th century play The Rehearsal.
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