Turkey endorses construction of Nabucco gas pipeline
Wed, 10 March 2010
The Turkish Parliament has ratified a 2008 agreement with European Union states regarding the construction of the Nabucco Pipeline.
The pipeline is intended to bring 31 Bcm/a of natural gas from the Caspian region, Middle East and Egypt to Central and Western European gas markets via Eastern Europe, reducing dependency on gas from Russia.
The pipeline will be approximately 3,300 km in length, starting at the Turkish border of either Georgia or Iran, and lead to Baumgarten in Austria. Gas will then be further transported to Central and Western Europe through Austria.
Already ratified by Bulgaria and Hungary, the project now awaits legislative approval from Austria and Romania.
Image caption: Turkey's Minister of Energy and Natural Resources Mehmet Hilmi Güler signing the agreement to bring RWE into the project as the sixth joint venture partner in 2008.