Romanian Nabucco Section to See EU1.5 Billion Investment
Thursday, November 24, 2011
The Romanian section of the Nabucco pipeline will probably require between 1.2 billion euros ($1.6 billion) and 1.5 billion euros in investments, the project’s Managing Director Reinhard Mitschek said.Nabucco Gas Pipeline International GmbH expects to make a final investment decision about the pipeline early in 2013 and start construction later that year, Mitschek reiterated at a presentation in Bucharest, Romania.Nabucco officials plan to complete an environmental ...