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    News.Az: Decision about short-term financing of Nabucco to be passed by mid December

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Summary

SOCAR president announced at conference that Nabucco pipeline short-term financing for detailed study to be passed by mid-December.

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News.Az: Decision about short-term financing of Nabucco to be passed by mid December

A decision about short-term financing of Nabucco project for the purpose of its detailed study will be passed by mid December of this year.
 

The statement came from SOCAR president Rovnag Abdullayev on the sidelines of the international conference 'Azerbaijan 2020: Vision to the future'.

Earlier, the Transadriatic pipeline and partners for development of Shah Deniz signed an agreement on financing the project before the final choice of the route of export of Azerbaijani gas to Europe.  MORE