8/25/2008

Market survey shows strong demand for Nabucco capacity

Today’s Zaman - A recent survey has shown that potential shippers have reserved over 100 percent of the capacity of the Nabucco project, a pipeline project to carry Caspian natural gas to European markets via Turkey starting in 2013. In preparation for the open season process, Nabucco Gas Pipeline International GmbH conducted a market survey among potential shippers on a non-binding basis last month. The survey results have shown that there was strong demand for the transport of natural gas from various gas sources in Central Asia and the Middle East. In a written statement, Reinhard Mitschek, the managing director of Nabucco Gas Pipeline International, stated that the result of the survey was a strong positive signal from the European gas market and potential shippers to Nabucco.

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