news  articles  all
rus на русском ქართულად
Monday, 24 October 2016


Political clashes of Baku and Ankara threaten beginning of Nabucco’s construction

2010-03-24 13:57

Turkey accused Azerbaijan of refusal to negotiate over gas delivery to Europe. In the view of Ankara, Baku refuses due to political motives.


According to Taner Yildiz, the Minister of Energy of Turkey, negotiations on supplies of Azerbaijanian gas to Europe were halted due to Turkey's attempts to normalize relations with Armenia - RosBalt.

"We haven't been negotiating with Azerbaijan for a month or a month and a half. The main problem is political," the Minister stated.

"It's yet unknown whether Azerbaijan accepted Turkey's proposal to transit gas to Europe at the rate below market one." Yildiz added.

The gas negotiations between Ankara and Baku turned more complicated after signing of Armenian-Turkish protocols on normalization of relations past autumn.

Previously SOCAR claimed to be waiting for a complex solution of the issue of gas price for Turkey on the first stage of Shah Deniz gas field development; agreement of price and volume for the second stage; and solution of transit. Baku highlighted that agreement of one point isn't a full agreement. In this way procrastination of negotiations threatens construction of Nabucco.

Nabucco pipeline is a project of USD 7.9 bn estimated cost, implies transportation of natural gas to Europe via Azerbaijan, Georgia, Turkey, Bulgaria, Hungary, Romania, Austria. It's the extension of the existing Baku-Tbilisi- Erzerum pipeline. Nabucco can potentially deliver 5-10 per cent of the gas the EU needs. Construction is planned to begin in 2011; first supplies - in 2014.


Code for blog
Add: Magnolia Livejournal Reddit Google
Permanent link :
Rambler's Top100
Select spelling error with mouse and press Ctrl+Enters
Система Orphus