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The European Commission cleared the way for the planned Trans Adriatic natural gas pipeline to offer Azeri natural gas to consumers, a consortium announced.
The planned Nabucco West natural gas pipeline is the region's flagship project in part because of high shipper interest, an executive said from Vienna.
Potential shippers of natural gas can register interest in booking capacity in the Nabucco West pipeline with the launch of the open season, a consortium said.
The evaluation period for pipeline options to send natural gas from the Shah Deniz field offshore Azerbaijan to Europe has started, BP said Thursday.
Foreign partners looking for options to deliver natural gas to European consumers need the best commercial project available, the Azeri energy minister said.
An agreement by Albania, Greece and Italy to coordinate support for a planned natural gas pipeline safeguards its success, an executive said.
The pace at which the Albanian government has thrown its weight behind the Trans-Adriatic Pipeline is impressive, the project's managing director said.
Norwegian energy company Statoil announced it signed a memorandum of understanding to explore for additional reserves offshore Azerbaijan.
The Albanian government signed off on the terms for the implementation of the Trans Adriatic Pipeline through its territory, the project's consortium said.
The BP-led consortium working offshore Azerbaijan said Monday it started a final evaluation on the Nabucco West and Trans-Adriatic Pipeline proposals.
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