Ankara Bars

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

Turkish budget deficit 13 times year-ago levels – ForbesANKARA, Turkey — Turkey’s budget deficit swelled to 23.2 billion Turkish liras ($15.1 billion; euro10.7 billion) in the first half of 2009, 13 times higher than a year earlier, the Finance Ministry said Wednesday. The government has forecast an Nabucco top priority, Ankara says – United Press InternationalANKARA, Turkey, July 8 (UPI) — The Nabucco natural gas pipeline for Europe will contribute to energy security and remains a top priorit

The Nabucco line has no guaranteed supply of gas Four European Union countries and Turkey have signed an agreement to construct the long-planned 3,300km Nabucco natural gas pipeline. Once completed, the line will bring up to 31 billion cubic metres of gas a year from the Caspian and the Middle East across Turkey and into Europe. It will give an important alternative energy supply to Russia, which already meets 30% of Europe’s gas needs. But much still remains to be agreed on, not least

By Zerin Elci ANKARA, July 3 - An intergovernmental accord for the Nabucco natural gas pipeline will be signed in Ankara on July 13, Turkish and the European Union sources told Reuters on Friday . The pipeline, conceived to relieve European depe ...

ANKARA, Turkey, March 13 (UPI) -- Iran's possible participation in the planned Nabucco natural gas pipeline project for Europe is not welcome, U.S. officials said.