Nabucco's window of opportunity

July 23, 2009 | 00:00

Nabucco’s window of opportunity

The psychological effect of the Russian-Ukrainian gas dispute on Europe and difficulties in relations between Russia and Turkmenistan are giving a new boost to Nabucco. But the EU’s gas pipeline hopes are being undermined by competing projects from European companies and the Caspian states’ growing realisation that they may secure a better deal if they do not commit to any pipeline just yet. For the proponents of Nabucco, the time to act is now.

Loading comments...
related items