Nabucco delayed as Azerbaijan talks drag on

The final decision on investment in the Nabucco pipeline will definitely not be taken this year and has been delayed until 2011 because gas supply talks with Azerbaijan are dragging on, an Austrian newspaper reported Friday (8 October).The 7.9 billion euro Nabucco pipeline is part of the EU's effort to diversify its natural gas supplies by bringing up to 31 billion cubic metres of gas annually from the Caspian region to an Austrian hub via Turkey and the Balkans .Construction on ...

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