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EIB ready to help finance Nabucco pipeline

The European Investment Bank is ready to help finance the 7.9 billion euro Nabucco pipeline and to look closely at the concept of creating a single gas purchaser to ensure the project is viable, the bank said on 23 July."When the project actually starts, we would be ready to fund the project and I think certainly our funding will be called upon to do that," Christopher Hurst, director for energy and transport at the European Investment Bank (EIB), said on the sidelines of an energy and ...

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