Romania Opposes To “Unique Corridors” Collocation In Nabucco Proj

Sources close to the matter told MEDIAFAX that the European authorities’ decision to change the collocations as regards the Nabucco project unsatisfied Romania’s representatives, who decided to use their votes to block the possibility to obtain an agreement on this issue, the sources said.

 

The European Commission adopted earlier 2009 several projects requiring EUR5 billion worth of EU funds to help revive the European economy, including Nabucco gas pipeline project and gas interconnector pipelines between Romania and Hugary and between Romania and Bulgaria, respectively.

 

EC approved EUR30 million in funds for the Romania-Hungary gas interconnector, EUR10 million for the Romania-Hungary gas interconnector, and EUR200 million for Nabucco project.

 

Nabucco, linking Turkey to Central Europe via Romania, aims at supplying natural gas from the Caspian Sea to Central Europe via Turkey and Romania, bypassing Russia.

 

The six companies to build Nabucco project, which is estimated to cost around EUR8 billion, are Austria’s OMV, Germany’s RWE, Turkey’s Botas, Bulgaria’s Bulgargaz, Hungary’s MOL, and Romania’s Transgaz.