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Azerbaijan decided to delay gas supply to Nabucco2010-04-19 21:58
Azerbaijan delayed the beginning of the Shakh-Deniz-2 large gas-field development at the Caspian Sea until 2017.gt-en-newsitem-inside
According to Reuters, the reason of the delay is the disagreement on the gas price with Turkey, as well as the absence of any decision concerning the construction of Nabucco pipeline.
Azerbaijan and Turkey are holding active negotiations on the gas supply, discussing the gas price, the transportation rates and the volumes of supplies to Turkey and Europe. "So long as these issues remain unresolved we are going to shift the starting date of the Shakh-Deniz-2 development from 2014 to 2016, and today we have shifted it to 2017 already", - Deputy Vice President of SOCAR Azerbaijani State Oil Company Vitaliy Beglyarbekov reported.
It should be noted that European Union is placing the key role in supplying Nabucco pipeline with gas upon Azerbaijan. As European Commissioner for Energy Hunter Ottinger stated on Thursday, Turkmenistan is considered as the second gas supplier for Nabucco.
Ottinger expressed hope that the decision on the Nabucco pipeline construction project will be taken by the end of the year. Meanwhile, at the end of April he forecasted that the commissioning of Nabucco may be delayed until 2018.