25 May 2012 16:26 [Source: ICIS news]
LONDON (ICIS)--BP is no longer considering the full-scale 4,000km Nabucco pipeline as an option for transporting gas from ?xml:namespace>
Only the scaled-down 1,300-km Nabucco West pipeline, which would run from
The original EU-backed Nabucco project had been ruled out because there was no clear prospect of it achieving economic viability by securing gas supplies other than what was available from Shah Deniz II, said BP, which leads the Shah Deniz II consortium.
In mid-May, the Turkish energy and natural resources ministry suggested that Nabucco West would be a success if it linked up with the Trans-Anatolian Pipeline (TANAP) to be built by
The European Commission said it believed the Nabucco consortium was keeping its original proposal on the table for further consideration.
The EU has backed Nabucco as an important part of its plan to reduce member states' reliance on Russian gas.
However, the consortium has not yet been able to announce any deals for gas from
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