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    News.Az: Jiri Mastalka: ‘Lack of money prevents implementation of Nabucco project’

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Summary

Co-chairman of the Committee on Energy Security of the Euronest Parliamentary Assembly Jiri Mastalka says that lack of funds is preventing realization of the Nabucco pipeline.

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News.Az: Jiri Mastalka: ‘Lack of money prevents implementation of Nabucco project’

Lack of money prevents realization of Nabucco project, said Co-chairman of the Committee on Energy Security of the Euronest Parliamentary Assembly Jiri Mastalka, APA-Economics reports.


‘Implementation of the project requires €8 bn. This number is not so great for the EU. But for the present, European countries purchase the gas through the South Stream and ensure energy security. If European countries think that Nabucco must not remain only as a name of opera, then this will be  implemented’, noted Mastalka.  MORE