Project Company
The project is developed by the Nabucco Gas Pipeline International GmbH. The managing director of the company is Reinhardt Mitschek. The shareholders of the company are:
- OMV (Austria)
- MOL (Hungary)
- Transgaz (Romania)
- Bulgargaz (Bulgaria)
- BOTAŞ (Turkey)
- RWE (Germany)
Each of the shareholders holds 16.67% of the shares.
Nabucco International is the owner of the five national Nabucco companies responsible for the operation and maintenance of the pipeline in their respective countries.
RWE and MOL have indicated that they may leave the project.
It has been agreed that Shah Deniz partners will take a 50% stake in the project if Nabucco West will be chosen for the Shah Deniz gas export.
Read more about this topic: Nabucco Pipeline
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