Romania signs Nabucco intergovernmental agreement

Four EU states – Romania, Bulgaria, Hungary, and Austria - and Turkey have signed earlier today in Ankara, the intergovernmental transit agreement for the Nabucco natural gas pipeline, aimed at reducing EU’s reliance to Russian natural gas, AFP reports.
The Turkish Prime Minister Recep Tayyip Erdogan hosted the signing ceremony in the presence of prime ministers of the four partners. On behalf of Romania, Emil Boc attended the event.

Nabucco project which involves the construction of a natural gas pipeline will deliver up to 31 billion cubic meters annually, from Central Asia to Europe, via Turkey and the Balkans.

Apart from the Iraqi Prime Minister Nuri al-Maliki, Mihail Saakasvili, Georgia’s President, a representative of Azerbaidjanului and Richard Morningstar, US special envoy for Eurasian energy issues, attended the ceremony.

Nabucco project launched in 2002 is intended to become operational in 2014, and its costs are estimated at 7.9 billion euros.

Before signing, Erdogan stressed that “work is not over with the signing. On the contrary it is only the beginning”. “This agreement is a very important result, but we must admit that many things still need to be done”, said Morningstar.

Turkmenistan, a natural gas-rich country vowed support to Nabucco project on Friday, saying it was ready to provide gas for the gas pipeline. Europeans still wait for the green light from key-countries, such as Uzbekistan or Kazakhstan.

Nabucco rivals South Stream project developed by Gazprom and Italian-based ENI, which will link Russia to Bulgaria under the Black Sea.

Despre autor este un cotidian de business fondat în 2005, parte a grupului InternetCorp, unul dintre cei mai mari jucători din industria românească de publishing online. Pe parcursul celor peste 15 ani de prezență pe piața media, ne-am propus să fim o sursă de inspirație pentru mediul de business, dar și un canal de educație pentru pentru celelalte categorii de public interesate de zona economico-financiară. În plus, are o experiență de 10 ani în organizarea de evenimente B2B, timp în care a susținut peste 100 de conferințe pe domenii precum Ecommerce, banking, retail, pharma&sănătate sau imobiliare. Astfel, am reușit să avem o acoperire completă - online și offline - pentru tot ce înseamnă business-ul de calitate.

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