Construction of Bulgarian Section of Nabucco Gas Pipeline Begins Jan 10, PM Says

Construction of Bulgarian Section of Nabucco Gas Pipeline Begins Jan 10, PM Says

The construction of the Bulgarian section of Nabucco gas pipeline begins on January 10, prime minister Boyko Borisov said.

 Two months before that, on November 9, Bulgaria will sign an agreement with Russia on the construction of the South Stream gas pipeline and the two projects will be implemented almost simultaneously, Borisov told the Bulgarian National Television (BNT) in an interview on Friday evening.

Austria's OMV, the Bulgarian Energy Holding, Turkey's Botas, Romania's Transgaz, Hungary's MOL and Germany's RWE are partners in the Vienna-based Nabucco Gas Pipeline International, the project company of the 3,300-kilometre pipeline designed to connect the Caspian region and the Middle East with the Turkish and European gas markets that will ensure diversification of routes and sources and contribute to the security of gas supplies. The first gas deliveries are expected by 2017.

The South Stream pipeline, a joint project of Russia's Gazprom and Italy's Eni, is expected to carry 63 billion cubic metres of Russian natural gas per year under the Black Sea to the Bulgarian coast and further west into Europe. Slovenia, Bulgaria, Serbia, Croatia, Hungary and Greece are partners in the onshore section of the pipeline.

 

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