The European Union's aim of importing gas from the Caspian region to diversify its natural gas supplies can be met with the Nabucco pipeline or with other leading pipeline options, provided that they comply with two conditions, a spokeswoman for the EU said Tuesday.
The European Union's aim of importing gas from the Caspian region to
diversify its natural gas supplies can be met with the Nabucco pipeline or with
other leading pipeline options, provided that they comply with two conditions,
a spokeswoman for the EU said Tuesday.
Any project would have to be "scalable," meaning that its engineering
should allow its capacity to be increased easily, and should be agreed as part
of a stable international legal framework providing certainty and clarity,
Marlene Holzner, spokeswoman for Energy Commissioner Guenther Oettinger, told
Dow Jones Newswires.
"In case it is decided that it is another pipeline, we welcome that, and
we would like these two conditions to be met," Holzner said. She declined
to comment specifically on remarks by RWE AG (RWE.XE) Chief Executive Juergen
Grossmann, who in an interview with The Wall Street Journal Deutschland said
his company could leave the consortium planning to build Nabucco. Grossmann's
remarks are the latest to point to declining support for Nabucco.
The EU, and specifically the European Commission, its executive body, has spent
years in the effort to bring Caspian gas to
Europe
and
ease dependence on
Russia
. It
has been lobbying in favor of pipeline projects to, particularly supporting
Nabucco, the largest and most expensive of them.
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