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Diário de Notícias - Portugal | Tuesday, July 14, 2009

Nabucco will make Europe independent

The daily Diário de Notícias sees Europe's chance to be less dependent on Russian gas supplies in the construction of the Nabucco pipeline: "Nabucco is an international project of key strategic importance, not only for the European Union but also for Turkey because most of the new gas pipeline would pass through this country. The agreement ends the Russian monopoly over gas supplies from the East to Europe, which has already triggered two gas disputes between Moscow and Kiev. The EU currently imports 25 percent of its natural gas from Slavic countries. Nabucco represents an alternative way for it to cover 10 percent of its gas requirements. Since Azerbaijan doesn't have enough reserves everything now depends on the concretisation of the project as well as the negotiating skills [of the project partners] in finding new partners who can deliver natural gas."

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