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PostPosted: Fri 21:24, 08 Nov 2013    Post subject: Nabucco gets European member support

Nabucco gets European member support
BUCHAREST,[url=http://www.ksacinc.com/cheapgucci/?]gucci outlet online[/url], Romania, May 21 () -- Governments in central and southern Europe issued a joint declaration from Romania expressing support for the planned Nabucco natural gas pipeline.The Nabucco pipeline consortium said some of its host countries expressed their support in a declaration from Romania for potential supplies for the energy markets in the Czech Republic,[url=http://www.ksacinc.com/cheapbeats/?]cheap beats[/url], Hungary, Poland and Slovakia.The planned Nabucco West natural gas pipeline would deliver Azerbaijan's natural gas from the Turkish border to European consumers. It's part of a network of natural gas pipelines that are meant to break the Russian grip on the regional energy sector.Parties to the meeting in Bucharest gave potential investors a degree of predictability by backing the tax mechanisms that would ensure the pipeline's financial success, the pipeline consortium said in a statement. Countries along the planned Nabucco route from Turkey also committed to developing the interconnections needed to supply natural gas to southern and north-central Europe.Nabucco West is up against the Trans-Adriatic Pipeline for natural gas supplies from Shah Deniz field in the Azeri waters of the Caspian Sea. The BP-led consortium that controls the field is expected to pick from the two pipelines next month.

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