Revised Nabucco Project a Big Step Forward - BP

Revised Nabucco Project a Big Step Forward - BP
News.az
Δευ, 19 Μαρτίου 2012 - 16:25
The revised Nabucco project is a big step forward which significantly improved the preceding proposal. The statement came from BP vice president for Shah Deniz field development Alister Cook in his interview with Financial Times.

The revised Nabucco project is a big step forward which significantly improved the preceding proposal. The statement came from BP vice president for Shah Deniz field development Alister Cook in his interview with Financial Times.

“We consider that Nabucco-west has significantly scaled the proposal and we are happy about it”, he said.

According to the Nabucco representative, the consortium considers its initial proposal still attractive but admitted that the group is studying other plans.

Original project of Nabucco was thought out as a single pipeline, extending from Georgia to Austria, with the capacity of 31bn cubic meetrs a year. Nabucco-west will only stretch from the Turkish-Bulgarian border to Austria. According to Cook, BP is confident that it would have been more reasonable to build a lesser pipe, which, however, can be expanded after bigger volumes come available.

Cook also said that BP has received the proposal to join TANAP.

A decision on this issue will be adopted soon, Cook said.

 



 

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