BBJ: Eyes on alternative gas connections
The demise of the Nabucco natural gas pipeline venture hasn’t thwarted the Hungarian government’s ambitions to reduce the country’s dependence on Russian supplies. The developments increase the significance of planned interconnector stations with neighboring countries.
When Azerbaijan dealt a final blow to the Nabucco natural gas pipeline at the turn of the month by awarding its natural gas resources to a rival project, Hungary’s government quickly stated that it wasn’t left distraught by the events and would be looking for alternative means to realize its strategic goals in energy policy. Nabucco was to deliver gas from the Turkish border through Central Europe to Austria.
“Supply security, diversification and the integration of the energy market remain decisive parts of the national energy policy,” the National Development ministry said, commenting after the announcement that Nabucco had been dropped as an option. MORE