Azerbaijan and Armenia report armed clashes in Karabakh conflict areaWorld February 25, 11:45
Head of Russian delegation to OSCE PA says Ukraine not ready for dialogueRussian Politics & Diplomacy February 25, 5:02
Russian baritone Hvorostovsky cancels concerts due to continuing treatmentSociety & Culture February 25, 3:22
Russian prime minister declares 3rd Winter World Military Games openMilitary & Defense February 24, 22:33
Russia to veto UNSC resolution imposing sanctions on Syria — envoyRussian Politics & Diplomacy February 24, 22:29
Ukrainian MP Savchenko arrives in Donetsk republic to visit Ukrainian prisoners — agencyWorld February 24, 22:25
Russian Defense Ministry surprised over German MPs reaction to Reichstag miniature plansRussian Politics & Diplomacy February 24, 16:32
Iraq's PM orders airstrikes on IS positions in SyriaWorld February 24, 16:09
Nord Stream 2 financing model to be ready by year end - OMVBusiness & Economy February 24, 13:44
BUCHAREST, June 28. /ITAR-TASS reporter Valeriy Demidetsky /. Romania regrets that the gas pipeline project Nabucco will not be realized. Thus the country's Foreign Minister Titus Corlatean commented today the decision to transport Azerbaijani gas to Europe from the field Shah Deniz in the Caspian Sea through the Trans Adriatic Pipeline bypassing Romania.
“In geopolitical sense the pipeline project Nabucco is very important. Romania regrets that it will not be implemented, but the situation is not as dramatic since we have alternative energy sources,” said Corlatean. According to him, the contract remains in force in the country to supply liquefied natural gas transfer from Azerbaijan.
The total cost of the main gas pipeline Nabucco, through which it was supposed to supply gas from Azerbaijan to Europe bypassing Russia, is estimated at circa 8 billion euros. Romanian company Transgaz has already invested in its development around 23 million euros.