Natural gas from the Nabucco pipeline

Europe's gas supply is to be given a wider basis that reduces its one-sided dependence on Russian gas. From 2011 on, a new pipeline called Nabucco is to deliver up to 30 billion cubic metres of gas annually from the Turkish-Iranian-Azerbaijani border area to Austria and other EU states. This was agreed between the energy ministers of the countries involved in the project – Austria, Hungary, Romania, Bulgaria and Turkey – at a governmental conference in Vienna on Monday, as Günther Strobl reports in the first article of a series on the Nabucco project. "Sources with close ties to the negotiating parties report that there are still some details to be sorted out with Turkey, but that as far as the basics are concerned Turkey is definitely on board. And that's vital considering the EU candidate's strategic geographical position. To the east the country borders on a region that taken as a whole incorporates the world's largest reserves of natural gas: Iran, Iraq, Qatar and, last but not least, the Caspian Sea region."

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