Iran has expressed willingness to supply gas to Europe via the Nabucco gas pipeline.
Ali Majedi, Deputy Oil Minister in charge of International Affairs, announced that two European countries had already expressed interest in the project.
Hungary’s Prime Minister Viktor Orban has said there is no alternative to the South Stream gas pipeline, ITAR-TASS reported on May 15.
Turkey, with an energy market heavily dependent on Russian gas supply, has long looked to multiply its oil and gas supply sources. More recently, however, it has turned towards expanding its domestic potential.
Platt's reports that Austria's OMV said Wednesday it will book a Eur 55 million ($73 million) one-time loss during the second quarter of 2013 from the writedown of assets related to its share of the failed Nabucco West pipeline project.
A final decision was confirmed on Friday ruling out the Nabucco West pipeline as a channel bringing gas to Europe from Azerbaijan, as Poland presses on with its own LNG terminal.
Austrian oil and gas company OMV CEO Gerhard Roiss has issued a statement saying that his company views the Nabucco pipeline project as failed, after the Shah Deniz II consortium suggested it intends to ship gas to Europe via another route.
NABUCCO Gas Pipeline International GmbH today welcomed the declaration of support from the Presidents of Austria, Bulgaria, Hungary and Romania that was the focus of a letter sent to Azerbaijan President Ilham Aliyev last week, the company reported in a news release.
OMV has sold approximately 9% of the NABUCCO Gas Pipeline International GmbH to GDF SUEZ, one of the biggest players in the French energy sector, the company reported in a news release.
Nabucco will supply energy markets of Western Balkans, Poland, Slovakia, Czech Republic
Nabucco countries commit to developing necessary interconnectors to supply South, Central-North Europe
Governments in central and southern Europe issued a joint declaration from Romania expressing support for the planned Nabucco natural gas pipeline, UPI reports.