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BUDAPEST, Hungary, June 12 (UPI) -- The political conditions underlying development of the Nabucco natural gas pipeline to Europe have improved considerably over the past year, an envoy says.
Mihaly Bayer, the Hungarian envoy to the project company, Nabucco Gas Pipeline International, met in Washington with top energy officials to lobby for support for the $10.7 billion project.
"There has been a significant change, with much more positive assessments being published," he added.
Bayer emerged from his meetings with signs that the energy policy in Washington was still in flux as the administration of U.S. President Barack Obama evolves, but felt overall support for Nabucco remained positive, the Hungarian news agency MTI reports.
"I am returning home with good impressions, it is obvious that they rely on us and respect our work," Bayer said.
Nabucco would travel 2,050 miles from the Caspian Sea through Turkey north to European markets. Europe sees the project as a means to diversify the regional energy sector, which is dependent on Russian natural resources.
The project faces obstacles because of a lack of firm commitments from potential supplier nations, while Turkish demands for discounts delayed a pending meeting on the pipeline.
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