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Nabucco Pipeline Future Uncertain

The future of the Nabucco pipeline project is still not certain, an executive of Austrian energy giant OMV told reporters on Wednesday. Between July and October 2010, an open season bidding process for transport capacity in the planned pipeline will be held. The future of the project will then be …

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Greece “Unhappy” After Annulment of Border Deal

Greek Alternative Foreign Minister Dimitris Droutsas said Athens was displeased with the annulment of a territorial agreement which delineates the continental shelf between Albania and Greece in the Ionian Sea. The agreement was annulled on Wednesday by Albania’s constitutional court, which argued that it had serious legal flaws. “It is …

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Albania-Greece teritorial agreement annuled

Albania’s constitutional court annulled on Tuesday a territorial agreement signed with Greece which delineates the continental shelf between the two countries in the Ionian Sea, arguing that it had serious legal flaws. “In the agreement there are procedural and substantive infractions of the [Albanian] constitution and of the the 1982 …

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