News
Nabucco does not generally comment on speculations and rumours.
13/07/2010 10:31The Nabucco project is currently the only ground breaking economic initiative for the greater diversity of gas sources and transportation routes and enhanced competition in Europe.
No other project in the Southern Corridor can claim to compete on this basis nor is as advanced and well positioned as Nabucco.
With an Intergovernmental agreement - ratified in all Transit Countries - already in place, Nabucco is the only project that has this special firm legal basis. Nabucco has already started the ESIA process and all national Nabucco companies have been set up and are now operational. Nabucco is currently in negotiations with major banks such as EIB, EBRD and IFC. All six Nabucco shareholders are committed to completing and promoting the project. Nabucco is on track and will be completed."
No other project in the Southern Corridor can claim to compete on this basis nor is as advanced and well positioned as Nabucco. With an Intergovernmental agreement - ratified in all Transit Countries - already in place, Nabucco is the only project that has this special firm legal basis. Nabucco has already started the ESIA process and all national Nabucco companies have been set up and are now operational. Nabucco is currently in negotiations with major banks such as EIB, EBRD and IFC. All six Nabucco shareholders are committed to completing and promoting the project. Nabucco is on track and will be completed."
Source: Grayling Bulgaria
