24 April 2024
Nabucco consortium yields to slimmed-down “Nabucco West” solution
Publication date: 17 May 2012
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The Nabucco consortium on Wednesday said it has submitted a proposal to the BP-led Shah Deniz consortium for the construction of the “Nabucco West” pipeline, a more scalable version of the 31 Bcm/year Nabucco project that will bring Caspian gas from the Bulgarian/Turkish border to European markets. The announcement marks the first official acknowledgement by Nabucco of the likely demise of its original “base case” proposal.