The Nabucco
Consortium on
May 16, 2012
submitted a proposal to the Shah
Deniz II Consortium for the construction of a “Nabucco West” pipeline, which
would bring Caspian gas from the Bulgarian-Turkish border to Baumgarten and
beyond.
“We are convinced that we have submitted a competitive and comprehensive
proposal to the Shah Deniz II Consortium, and that this proposal represents a
win-win situation for our shareholders and for suppliers alike”, said Reinhard
Mitschek, Managing Director of Nabucco Gas Pipeline International GmbH.
Nabucco West is a modified concept of the Nabucco project. The concept foresees
the construction of a 1300 km pipeline that will run from the Bulgarian/Turkish
border to the Central European Gas Hub. The pipeline is designed to transport
gas initially from
Azerbaijan
and is fully scalable to meet
future gas transport demand from the Caspian Region and Middle-East to the
European markets. Nabucco West will benefit from the existing legal framework,
namely the Intergovernmental Agreement, Project Support Agreements and third
party access exemptions as the Nabucco base case and will follow exactly the
same route on European Union territory.