IEA Head Prioritizes Nabucco Over South Stream

IEA Head Prioritizes Nabucco Over South Stream
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Τετ, 24 Φεβρουαρίου 2010 - 19:10
The head of the International Energy Agency said Wednesday that the Western-backed Nabucco gas pipeline bypassing Russia will be more effective in boosting Europe's energy security than Russia's South Stream gas project, Russian news agency RIA Novosti news agency reports.
The head of the International Energy Agency said Wednesday that the Western-backed Nabucco gas pipeline bypassing Russia will be more effective in boosting Europe's energy security than Russia's South Stream gas project, Russian news agency RIA Novosti news agency reports.

Even though the Nabucco pipeline will be longer and requires larger investment than South Stream, it will be more effective in diversifying gas-supply routes in
Europe , Nobuo Tanaka is quoted as saying.

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