Posts Tagged ‘Hungary’

Nabucco Pipeline: Power play

Sunday, August 2nd, 2009
By Niall Green - World Socialist Web SiteGreat power rivalries and the Nabucco pipeline projectLeading European energy companies, backed by the European Union and the United States, signed an accord last month to construct a major new natural gas pipeline network from the Caspian Sea to Western Europe.The Nabucco pipeline, a 7.9 billion euro ($11 billion) project, will pass through Turkey, Bulgaria, Romania and Hungary before terminating at a massive Austrian energy distribution center. Governme

Iran hidden in Nabucco agreement to avoid risking US support, say Nabucco officials

Tuesday, July 21st, 2009
Iran hidden in Nabucco agreement to avoid risking US support, say Nabucco officialsSome Nabucco officials claim that the agreement signed by the prime ministers of Turkey, Austria, Bulgaria, Hungary and Romania included provisions for Iranian involvement hidden in some articles.Although initially deemed an integral part of the grand Nabucco pipeline project that aims to transport Caspian and Middle Eastern natural gas to European markets, Iran was left out of the signing ceremony of the intergov

EU signs crucial gas deal – Turkish pipeline will reduce reliance on Russia by 2014

Friday, July 17th, 2009
by Keith Richmond The European Union has signed a groundbreaking deal with Turkey to deliver gas from countries around the Caspian basin straight to the heart of the EU. The £7.75 billion Nabucco pipeline will run from Erzurum in eastern Turkey through Ankara to Bulgaria, Romania and Hungary to Baumgarten near Vienna in Austria. The project – much talked about and long delayed since it was initially put forward in 2002 – was finally agreed this week, although it is not due to come on stream un

Ankara to host Nabucco signing ceremony

Wednesday, July 8th, 2009
EurActiv NetworkAnkara to host Nabucco signing ceremonyPublished: Monday 6 July 2009An inter-governmental agreement to build the Nabucco gas pipeline, which is aimed at decreasing the EU’s dependence on Russian gas, is due to be signed on 13 July in Ankara, the European Commission has announced.Turkey, Bulgaria, Romania, Hungary and Austria – the pipeline’s five transit countries – have agreed to sign the accord, the Commission announced on Friday (3 July). However, it is not yet clear who will

Turkey says deal reached on Nabucco gas project, pact to be signed July 13 (EU-Turkey-EU-Gas)

Monday, July 6th, 2009
ANKARA, Turkey _ Turkey said Monday it had reached a deal with several European countries over the terms of the proposed Nabucco pipeline meant to supply Europe with gas, and that they would sign an intergovernmental agreement in Ankara on July 13.Turkey has been negotiating gas transit fees and other issues with Bulgaria, Romania, Hungary and Austria, with the participation of Germany, since January.An agreement has been reached during last month`s meeting, a Foreign Ministry statement said, wi