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Mojtaba Damirchi: Nabucco Can't Be Implemented Without Iran's Partic

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  • Mojtaba Damirchi: Nabucco Can't Be Implemented Without Iran's Partic

    MOJTABA DAMIRCHI: NABUCCO CAN'T BE IMPLEMENTED WITHOUT IRAN'S PARTICIPATION

    PanARMENIAN.Net
    02.02.2009 18:19 GMT+04:00

    /PanARMENIAN.Net/ Nabucco can't be implemented without Iran's
    participation, Iranian Ambassador to Georgia Mojtaba Damirchi said.

    "Iran has the world's second largest natural gas reserves. So the
    European consumer market takes an active interest in our country. When
    the matter concerns economic projects, their implementation should
    be based on the economic interests of the region and therefore be
    acceptable from an economic standpoint. Not political but economic
    factors should play the decisive role in Nabucco project," he said.

    European countries are expressing willingness to cooperate with Iran
    on Nabucco, according to him.

    "There are three main parties to the Nabucco project: gas producers,
    transit countries and consuming countries. European states, which
    are consumers in this case, doubt Nabucco efficiency without Iran's
    participation," Ambassador Damirchi emphasized.

    The Nabucco pipeline is a planned natural gas pipeline that will
    transport natural gas from Turkey to Austria, via Bulgaria, Romania,
    and Hungary. It will run from Erzurum in Turkey to Baumgarten an
    der March, a major natural gas hub in Austria. This pipeline is a
    diversion from the current methods of importing natural gas solely
    from Russia. The project is backed by some of the European Union states
    and the United States. It's estimated to cost some â~B¬7.9 billion.

    --Boundary_(ID_YUSc5YVlOCwmb0iz5Ey33w)--
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