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Nabucco Agreements To Be Signed In Spring

Reinhard Mitschek
Reinhard Mitschek
PRAGUE -- Nabucco Managing Director Reinhard Mitschek says the project's members will meet in Ankara this spring to sign agreements to implement the gas pipeline.

Mitschek told RFE/RL's Turkmen Service that building Nabucco will allow Turkmenistan to export its natural gas to China, Europe, Iran, and Russia.

He said that in late April or early May agreements related to the project's implementation will be signed in the Turkish capital.

The Nabucco project is a planned pipeline that will transport Caspian Sea gas -- mainly from Turkmenistan -- from Turkey to Austria, via Bulgaria, Romania, and Hungary.

The project is backed by the European Union and the United States as a way for Europeans to alleviate their energy dependency on Russia.

Nabucco's October survey found that Turkmenistan has enough gas to become the world's fourth- or fifth-largest gas reserve.