Nabucco Gas Pipeline may Transport Gas from Iran from 2017

TEHRAN (Fars News Agency) The Nabucco gas pipeline may transport gas from Iran from 2017, said Nabucco Gas Pipeline GmbH consortium head Reinhard Mitschek in an interview with Handelsblatt.

The Nabucco gas pipeline will link Turkey’s borders with Iran and Georgia with Austria. The 5 bln eur EU-backed project is aimed at securing the EU’s gas supply by diversifying routes and suppliers away from Russia.

“Later we could add gas from Turkmenistan and Kazakhstan through the trans-Caspian pipeline,” Mitschek told the newspaper.

“In a next step, around 2017, deliveries from Iran, Iraq and Egypt cannot be ruled out.”

The founding members of the Nabucco consortium which is to build the pipeline are Austria’s OMV AG, Hungary’s MOL, Botas of Turkey, Transgas of Romania, and Bulgaria’s Bulgargaz.