Nabucco Pipeline - Motivation

Motivation

The Nabucco project is backed by the European Union and the United States. In the Trans-European Networks - Energy (TEN - E) programme, the Nabucco pipeline is designated as of strategic importance. An objective of the project is to connect the European Union better to the natural gas sources in the Caspian Sea and the Middle East regions. The project has been driven by the intention to diversify its current energy supplies, and to lessen European dependence on Russian energy—the biggest supplier of gas to Europe. The Russia–Ukraine gas disputes have been one of the factors driving the search for alternative suppliers, sources, and routes. Moreover, as per the European Commission, Europe's gas consumption is expected to increase from 502 billion cubic metres, in 2005, to 815 billion cubic metres in 2030, which would mean Russia alone would not be able to meet the demand.

Read more about this topic:  Nabucco Pipeline

Famous quotes containing the word motivation:

    Self-determination has to mean that the leader is your individual gut, and heart, and mind or we’re talking about power, again, and its rather well-known impurities. Who is really going to care whether you live or die and who is going to know the most intimate motivation for your laughter and your tears is the only person to be trusted to speak for you and to decide what you will or will not do.
    June Jordan (b. 1939)