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Nabucco without Iran- empty pipeline: Iranian FM

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  • Nabucco without Iran- empty pipeline: Iranian FM

    Nabucco without Iran- empty pipeline: Iranian FM

    NEWS.am
    12:25 / 12/09/2009

    Implementation of Nabucco project is impossible without Iran. December
    8, Iranian Foreign Minister Manouchehr Mottaki stated at the joint
    Iranian -UAE economic commission session, Fars news agency reports.
    `Speaking about the Nabucco pipeline without Iran's participation
    would amount to nothing but a pipeline void of gas,,' said Iranian
    Minister, adding if anyone wants and has money let them build void
    pipeline without Iran.

    Commenting on the statement by U.S. Special Envoy for Eurasian Energy
    Richard Morningstar that `Iran is not in a position to become a part
    of any new projects in the Southern Corridor', Mottaki told Fars news
    agency, `We have never heard that Europeans have entrusted the
    Americans with their authority to decide on the pipeline.' Iranian
    Foreign Minister recalled that country sits on largest world's natural
    gas reserves and takes the second place after Russia.

    To date, Azerbaijan was considered a gas supplier to Nabucco, however
    its gas reserve is too small for the project. The Nabucco project is
    estimated at 7.9 bn and is planned to lessen European dependence on
    Russian gas. The supply volume is expected to reach 31 bcm annually.
    U.S. indicates possibility of Iraq's involvement in the project.
    However, the first objective is to provide gas supply from Central
    Asia, the initiative that Russia and China are opposing.

    A.G.
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