Nabucco pipeline focus of Vienna roundtable
The German-based Eurasia Transition Group organized a roundtable discussion in Vienna today to discuss Turkmenistan's possible role in the Nabucco gas pipeline, RFE/RL's Turkmen Service reports.
Nabucco is planned to transport natural gas from Turkey to Austria. The project is intended to diversify supplies and lessen European dependence on Russian energy sources.
Turkey, Romania, Bulgaria, Hungary, and Austria signed an intergovernmental agreement on Nabucco in July. The Turkish Parliament ratified that agreement.
The roundtable participants discussed the geopolitical aspects of the project, including the role of the United States, the European Union, and the Organization for Security and Cooperation in Europe (OSCE).
Nurmuhammet Hanamov, one of the key speakers at the discussion and the former Turkmen ambassador to Turkey, told RFE/RL that the major obstacles to launching construction of the pipeline are the unsolved legal status of the Caspian Sea and the dispute between Turkmenistan and Azerbaijan over ownership of an oil and gas field in the Caspian Sea.
Hanamov added that also problematic are the lack of democratic institutions and the rule of law in Turkmenistan.
Radio Free Europe/Radio Liberty (RFE/RL)
- Moldova to resume gas talks with Gazprom after decision on EU Energy Package III
- Azerbaijan-Turkey gas deal's impact on supply to Europe
- British Petroleum proposes South-East Europe Pipeline in place of Nabucco
- Moldova: Gasoline and diesel should decrease in price
- Moldova to start talks on new gas supply contract
- Russia and Norway agree deal over oil-rich Barents Sea
- Should Azerbaijan say “no” to the Nabucco pipeline project?
- Azerbaijan could say ‘no’ to Nabucco?
- Egypt gas pipeline to Israel and Jordan explodes
- Gazprom-Austrian OMV agreement: A political blow to Nabucco
- Asia, US helps Mercedes Benz sales hit record high in 2006
- Cricova: The Largest Underground Wine Cellar in the World
- What does Remortgage mean?
- Dutch bear profit rises 26 percent
- Foreign direct investment in India doubles during 2006
- Greece: Socialist government's budget deficit of 12.5% caused debt crisis
- Toyota in talks to build new China plant
- Walt Disney profit up 39 percent
- DaimlerChrysler is not planning to manufacture trucks in India
