Azeri state oil company Socar should join the Nabucco natural gas pipeline as a shareholder to speed up the plan to supply Caspian Sea gas to Europe, Nabucco shareholder MOL said late last week, reported Iranoilgas.com.
Azeri gas is the only confirmed source of gas for Nabucco. OMV is leading the project, which is designed to help Europe diversify away from its heavy dependence on Russian gas.
(Turkish Daily News, 12/06/2007)