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    Sputnik: Austrian Firm Mulls Project to Pipe Russian Gas to Europe

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Summary

Austrian firm OMV is considering building a pipeline to bring Russian gas to Europe, bypassing Ukraine, local media reports say

by: Erica Mills

Posted in:

Press Notes

Sputnik: Austrian Firm Mulls Project to Pipe Russian Gas to Europe

Austria’s state oil and gas oil and gas company OMV wants to build a pipeline to bring Russian natural gas to Europe which would bypass Ukraine, local media reported Saturday.

According to Die Presse, the project will be promoted by Nabucco’s ex-CEO Reinhardt Mieczyk.
 

The Nabucco pipeline project, which had been slated to transport gas from the Caspian Sea to Europe in order to bypass Russia, was cancelled in 2013.

Its revived version, however, will differ from the original in that it will pump Russian, not Caspian Sea gas to European consumers.

Read the full article HERE.