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Bulgaria interested in Nabucco and South Stream2011-02-01 14:05
According to Minister of Economy, Energy and Tourism of Bulgaria Trajcho Trajkov, the republic is going to take part in two gas pipelines construction projects, Nabucco and South Stream, 1news.az reports.gt-en-newsitem-inside
"Bulgaria should take part in every project which is profitable and strategically suitable for the country", - he remarked, having added that both Nabucco and South Stream meet these conditions.
Let us remind you that earlier, U.S. Ambassador to Rome David Thorn had stated that Nabucco and South Stream could be amalgamated.
The Nabucco gas pipeline construction priced at 8 bln Euros is to be started this year; first gas is to be supplied by 2014. The first stage implies the transportation of up to 15 bln cubic meters of gas per year, while the projected capacity of the gas branch will allow pumping 31 bln cubic meters of fuel.
The total length of the pipeline is 3282 km with feeding branches, of which 1998 km will be laid though the territory of Turkey. Besides, Nabucco gas pipelines will run along the territories of Georgia and Iran. The major purpose of the project is the transportation of the Caspian and Middle-East gas to Austria and further to other European consumers.