Nabucco Managing Director Reinhard Mitschek said “We are aiming to start with the construction at the end of 2011 and we’ll expect first gas to flow at the end of 2014. The Nabucco Consortium has no indication to shift the current timeline.”
The Nabucco gas pipeline has been designed to reduce Europe’s dependence on Russian gas. The pipeline will transport gas from Central Asia via Turkey and Austria, bypassing Russia.
The pipeline is being developed by a consortium including Austria’s OMV Gas & Power, Bulgarian Energy Holding, Germany’s RWE, MOL Hungarian Oil and Gas, Romania’s Transgaz, and Turkey’s Botas.