• Natural Gas News

    Hurriyet: Is Nabucco dead, and no one dares to say it?

    old

Summary

In the race to move gas from Shah Deniz, the old competitors (ITGI, TAP, Nabucco), are mainly companies from the demand side whereas the new competitors (South East Europe Pipeline, trans-Anatolian-TANAP), are companies from the supply side, which are also the decision makers.

by:

Posted in:

Press Notes

Hurriyet: Is Nabucco dead, and no one dares to say it?

The realization of an energy pipeline project is like a marathon. It takes years for the first shovel to hit the ground for constructing the pipeline. But this metaphor is only partially valid. In the last laps of a marathon you can more or less guess who will be the winner.

In the pipeline business, the days leading to the final decision is like a sprint in a 100-meter dash. You may not know the winner until the very last moment.  HERE