Austrian Econ Min: Govts To Sign Nabucco Pact July 13
July 06 2009 - 8:22AM
Dow Jones News
Negotiations on a key intergovernmental agreement on the
European Union's Nabucco pipeline have been completed and an
agreement will be signed July 13 in Ankara, the Austrian government
confirmed Monday.
"I'm very pleased that the negotiations have come to such a
constructive end," Austria's economics and energy minister Reinhold
Mitterlehner said.
The minister added, "the project Nabucco is not directed against
Gazprom or other projects, but should be seen as complementing
Russian gas," the minister said in a statement.
Nabucco pipeline is due to bring gas from the Caspian Sea to
Austria via Turkey, Bulgaria, Romania and Hungary. Azerbaijan as a
possible supplier country is involved in the current talks.
-By Frankfurt Bureau, Dow Jones Newswires; +49 69 29725 500;
djnews.frankfurt@dowjones.com