Supply Sources
The potential suppliers for original Nabucco project were considered to be Iraq, Azerbaijan, Turkmenistan, and Egypt. At the first stage, 10 billion cubic metres (350 billion cubic feet) of natural gas per year were expected from Iraq. Iraqi gas would be imported via the Arab Gas Pipeline (extension to be built) from the Ekas field. Turkmenistan would provide 10 billion cubic metres (350 billion cubic feet) of gas per year through Iran or across the Caspian Sea via the planned Trans-Caspian Gas Pipeline. OMV and RWE have set up a joint venture, named the Caspian Energy Company, to carry out research for a gas pipeline across the Caspian Sea. In the long term, Kazakhstan may become a supplier providing natural gas from the Northern Caspian reserves through the planned Trans-Caspian Gas Pipeline.
Egypt could provide 3–5 billion cubic metres (110×109–180×109 cu ft) of natural gas through the Arab Gas Pipeline. Prime Minister of Turkey Recep Tayyip Erdoğan has urged Egypt to export natural gas to Europe via the Nabucco pipeline. Iran has also proposed to supply gas to Nabucco pipeline and this was backed by Turkey; however, due the political conditions this is rejected by the EU and the United States.
Nabucco-West is designated to carry Azeri gas from the second stage of Shah Deniz through TANAP pipeline.
Read more about this topic: Nabucco Pipeline
Famous quotes containing the words supply and/or sources:
“The supply of words in the world market is plentiful but the demand is falling. Let deeds follow words now.”
—Lech Walesa (b. 1943)
“No drug, not even alcohol, causes the fundamental ills of society. If were looking for the sources of our troubles, we shouldnt test people for drugs, we should test them for stupidity, ignorance, greed and love of power.”
—P.J. (Patrick Jake)