Connect to share and comment

Azeri gas consortium rejects Nabucco pipeline

PlacardEnlarge
(Globalpost/GlobalPost)

The consortium developing an immense new Azeri gas field has rejected the proposed Nabucco West pipeline to bring the gas to Europe, Austria's OMV said on Wednesday.

"The Shah Deniz II consortium informed OMV, as a shareholder of Nabucco .. about the decision on their preferred gas transportation route to Europe. The Nabucco West project was not selected by the consortium," the Austrian oil and gas firm said in a statement.

stu/hd

http://www.globalpost.com/dispatch/news/afp/130626/azeri-gas-consortium-rejects-nabucco-pipeline