EU ROUND UP – TURKS AND AZERIS SIGN UP TO NABUCCO DEAL
May 1st, 2009
BY KEITH NUTHALL
A SHOT in the arm has been provided for the European Union's (EU) Nabucco pipeline project, with Turkey, Georgia and Azerbaijan signing an agreement with the EU backing the project. In return for promising to work towards bringing Caspian gas to western European markets by 2014, the EU has made pledges on ensuring there is demand for gas and oil reaching Europe through 'southern corridor' routes bypassing Russia and Ukraine. The Azeris crucially have made commitments to dedicate specific volumes of oil and gas for EU markets. European Commission ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.