APA: Head of the Russian Gas Society: Nabucco gas pipeline project has outdated

Nabucco gas pipeline project has outdated and does not have sufficient financial and resource base, Head of the Russian Gas Society Valery Yazov said, APA reports.

He noted that the Nabucco gas pipeline project was one of the project of the Southern Gas Corridor, which will deliver gas from the Caspian region and the Middle East to the EU: ‘Due to  unresolved issue of the legal status of the Caspian Sea, Trans-Caspian gas pipeline, which will connect Turkmenistan and Azerbaijan, is one of the weakest links in Nabucco pipeline’.  MORE