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Reviewed Nabucco nearly halved in size – Financial Times

March 16, 2012, 18:40 UTC+3
"We believe Nabucco West is a much improved offer. We're really pleased," Cook said
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LONDON, March 16 (Itar-Tass) —— The reviewed Nabucco project nearly halves the gas pipeline length, the newspaper Financial Times said on Friday.

BP's Vice President for Shah Deniz Full Field Development Alasdair Cook said in an interview with the Financial Times that the change of Nabucco gas pipeline project's conception was a big step forward.

"We believe Nabucco West is a much improved offer. We're really pleased," Cook said.

Nabucco Gas Pipeline International proposed a new conception of the project (Nabucco-West) to the Shah Deniz consortium, according to which the pipeline will be laid from the Turkish-Bulgarian border to the Austrian Baumgarten, the newspaper said. The project's original concept envisages the construction of the pipeline with the length at 3,900 kilometres from the Georgian-Turkish and Iraqi-Turkish borders to Baumgarten. The pipeline is expected to run through Turkey, Bulgaria, Romania, Hungary and Austria.

According to Cook, BP is convinced that it would be wiser to build a smaller pipe that could be increased over time as more gas becomes available.

Experts believe that Nabucco project's original conception lost all chances for implementation after Azerbaijan and Turkey announced the idea of building their own pipeline across Turkey - Trans Anatolian Pipeline (TANAP).

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