Thursday, January 22, 2009

Turkey has threatened to withdraw from the project Nabucco.

Ankara would reconsider the issue of participation in the construction of gas pipeline Nabucco, if Brussels did not resume the negotiations on Turkey's membership. According to agency Reuters, said on Turkish Prime Recep Tayyip Erdogan, who has also publicly questioned the economic feasibility of the project.
Nabucco gas pipeline to be built to transport gas from Central Asia and the Caspian region to Central Europe. The project cost 12 billion dollars is a competitor of Russian "Southern stream", which, like the Nabucco, expected to be operational by 2013.
Erdogan has demanded a resumption of negotiations on the energy component of Turkey's EU accession, which were suspended on the initiative of Cyprus. The internationally recognized Republic of Cyprus, representing the Greek population of the island, accusing Turkey that it impeded the exploration work in the Mediterranean Sea in search of oil and gas. Ankara, in turn, contends that the Cypriot research vessels engaged in the Turkish continental shelf.
The project Nabucco, as supposed to reduce Europe's dependence on Russian gas. Gas pipeline to pass through Turkey and the Balkan states to Austria. Volume shipments will be 30 billion cubic meters a year.
The main suppliers are called Azerbaijan, Turkmenistan and Uzbekistan. Erdogan, however, questioned the feasibility of the project, as well as the delivery of the planned amount has not yet been agreed. Experts previously maintained that reached only about three billion cubic meters, while the minimum amount needed for full functioning of the pipeline is 15 billion cubic meters a year.

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