
BAKU, Azerbaijan, Aug. 21 (UPI) -- Regional conflict in the Caucasus has no impact on plans for construction of the Nabucco gas pipeline from Turkey to Central Europe, officials said Thursday.
Reinhard Mitschek, managing director of the pipeline consortium, said the conflict in Georgia over South Ossetia province has no effect on plans to begin operating the Nabucco pipeline in 2013, the Trend Capital News Agency said.
Mitschek said his operational responsibilities do not include political or military issues, adding the conflict had "no impact on (Nabucco's) timing or cost structure."
A survey of potential suppliers for Nabucco suggested the pipeline is over 100 percent overbid.
"More than 50 companies were contacted in the market survey, and about 20 reacted positively," Mitschek said.
|
|
|
|
|
|
| Additional Energy Resources Stories | |
LONDON, May 25 (UPI) --
The British government unveiled a draft energy bill this week critics say will raise prices and favors new gas-fired power plants over renewable sources.
|
CANBERRA, Australia, May 25 (UPI) --
Lovitt Technologies in Melbourne, Australia, has won a contract with Boeing worth nearly $1 million for wing parts for all F/A-18 Super Hornet fighters worldwide.
|
First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
|
It is a whole new ball of wax in Europe these days.
|
| Stories | Photos | People | Comments |
View Caption