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    Reuters: Nabucco and TAP gas pipelines could both be built one day - TAP

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Summary

TAP and Nabucco are both wanting to pipe gas from Azerbaijan to the EU and may both be built, but not yet, according to TAP offical. A second pipeline could take another five to ten years and a decision on a winning project expected by mid-2013.

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Reuters: Nabucco and TAP gas pipelines could both be built one day - TAP

Both of the projects vying to pipe Azeri gas to the European Union can be built but not yet, a senior official from one of them said on Wednesday.

The governments of Greece, Italy and Albania on Wednesday signed an agreement, confirming their support for the Trans Adriatic Pipeline (TAP), one of two projects in competition to reduce EU dependence on Russian energy.

"There will be 10 billion cubic metres of gas available from Shah Deniz phase II. In that context, there can't be two large-scale pipelines built at the same time," TAP External Affairs Director Michael Hoffmann told Reuters.

"But we can have two pipelines in a sequential situation. It will only be a matter of time before more gas comes on stream from Azerbaijan, though this may possibly take another five to 10 years."  MORE

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