The shareholders are OMV, Romanian pipeline operator Transgaz, German utility RWE, Hungarian oil firm MOL, Turkish pipeline operator Botas and Bulgarian state gas firm Bulgargaz.
Author: Ksenia Kochneva
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Austrian OMV in Talks with BP and Shell on Azeri and Iraqi Gas
OMV plans to transport Azeri and Iraqi gas through Nabucco pipeline which is regarded as an opportunity for EU to reduce its reliance on Russian imports
OMV spokesman Thomas Huemer explained the reason the company started the talks with BP - it is considered to play the leading role in the Shakh-Deniz project in Azerbaijan, while Shell has signed a gas deal with Baghdad that could lead to it becoming a major producer there.
The Nabucco consortium hopes that gas from phase two of the Shakh-Deniz project will be the bedrock of supplies to help start the pipeline, with additional supplies coming later from Iraq and possibly Iran and the Caspian region.
The shareholders are OMV, Romanian pipeline operator Transgaz, German utility RWE, Hungarian oil firm MOL, Turkish pipeline operator Botas and Bulgarian state gas firm Bulgargaz.
Author: Ksenia Kochneva
The shareholders are OMV, Romanian pipeline operator Transgaz, German utility RWE, Hungarian oil firm MOL, Turkish pipeline operator Botas and Bulgarian state gas firm Bulgargaz.
Author: Ksenia Kochneva
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