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France is the Sixth Partner in Nabucco

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  • France is the Sixth Partner in Nabucco

    international.news.bg, Bulgaria

    France is the Sixth Partner in Nabucco

    Updated on: 15.09.2007, 15:07
    Published on: 15.09.2007, 14:59

    Author: Olga Yoncheva

    The French state company Gaz de France joins the project with
    Bulgarian participation for the trans-Caspian gas pipeline `Nabucco',
    informed RIA Novosti.

    The French president Nicolas Sarkozy who is on official visit to
    Hungary has announced the news to the journalists.

    The information confirmed by the deputy general director of Gaz de
    France Jean-Marie Doje: `I will not disclose a big secret if I say
    that GDF intends to take part in `Nabucco' as a partner. We can make a
    substantial contribution'.

    The gas pipeline Nabucco will connect Europe to Central Asia bypassing
    Russia.

    The contract for the beginning of the construction of the gas pipeline
    was signed on 25 June 2007 by the EU energy commissioner Andris
    Piebalgs and the ministers of energy of Turkey, Bulgaria, Romania,
    Hungary and Austria.

    The overall price of the project is estimated at $ 5.8 bn. The
    pipeline's length will be 3 330km.

    The earliest possible date for the gas to start being supplied through
    the planned route is 2012. The gas will be supplied by Turkmenistan,
    Kazakhstan, Azerbaijan and Russia. The western part of the chief
    pipeline will pass through Turkey, Bulgaria, Romania, Hungary to reach
    Austria.

    A southern branch, which to lead to Iraq, the Persian gulf countries
    and maybe Iran can also be included in the gas pipeline.

    Many countries lobbied for participation in the project. France's
    application was disputable because of controversies with Turkey about
    the Armenian genocide during the First World War.

    The Turkish would have enjoyed more the participation of
    Azerbaijan. The minister of energy of the Caucus country explained
    firmly to Reuters the advantages of the Azerbaijan's application. But
    the French prevailed.
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