Skip to content. | Skip to navigation

Personal tools
Sections
You are here: Home Breaking news Nabucco not at risk from Russia-Azerbaijan gas deal: Turkey

Nabucco not at risk from Russia-Azerbaijan gas deal: Turkey

03 July 2009, 17:12 CET
— filed under:

(BUCHAREST) - Russian Gazprom's recent deal to buy natural gas from Azerbaijan will not endanger Europe's flagship pipeline project Nabucco, Turkey's Foreign Minister Ahmet Davutoglu said here Friday.

"One must not think that these projects will have any reciprocal effect on each other, or influence each other in a negative way," Davutoglu said during a visit to Romania.

"We do not see these energy projects as competing projects, we believe all these projects can serve our interests regarding energy," he added during a joint press conference with his Romanian counterpart Cristian Diaconescu.

Russian gas giant Gazprom clinched a deal Monday to buy natural gas from ex-Soviet Azerbaijan, casting doubts on the viability of the European Union's long-delayed Nabucco project, for which Azerbaijan is seen as a crucial potential provider.

Nabucco is aimed at reducing Europe's energy reliance on Moscow by finding other sources of gas.

Davutoglu insisted however Friday that Nabucco was a "priority" and a "very important, strategic project" for his country.

He added he was convinced that it will "ensure cooperation between the participating states and will solve the general energy problem that faces mankind."

EU nations and Turkey said Friday they will sign a key intergovernmental agreement on Nabucco in Ankara on July 13.

The agreement is due to be signed by Austria, Bulgaria, Hungary, Romania and Turkey, all countries through which Nabucco will flow.

Text and Picture Copyright 2009 AFP. All other Copyright 2009 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable.




Document Actions
Newsletters

EUbusiness Week 476
With 41.7m Europeans now using social networking sites, the 1995 Data Protection Directive is in urgent need of a rewrite.

The week's EU diary
This week Euro-MPs in plenary vote on the EU-US interim agreement on transfer of banking data in the interests of fighting terrorism; and on whether to approve or reject the Commission team as a whole. The European Council meets to discuss economic strategy, climate change and Haiti.

Week Ahead

Past newsletters
Search EU texts
Caselex Law

Caselex Law

Caselex is the premium information service for European case law

Free trial for EUbusiness readers
PARTNERS
Partnership
Publish your organisation's press releases, events, job vacancies, product information etc to EUbusiness.com's worldwide audience.
Membership
Partners