The first part of Nabucco pipeline was launched. According to RIA Novosti this achievement was signed by Hungary and Romania.
The 47 km part on the Arad-Szeged route merges gas distributing systems of Hungary and Romania. Constructed by Hungarian MOL Company this part is located in Hungary. Before, 60 km part of pipeline in Romania was launched. This part was constructed by Romanian Transgaz Company.
Note that, Nabucco is the new gas bridge from Asia to Europe and the flagship project in the Southern Corridor. It will be a pipeline to connect the world’s richest gas regions - the Caspian region, Middle East and Egypt - to the European consumer markets.
The shareholders of the company are: OMV (Austria), MOL (Hungary), Transgaz, (Romania), Bulgargaz (Bulgaria), BOTAŞ (Turkey) and RWE (Germany).
Each of the shareholders hold 16.67% of the shares.
Baku – APA
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