Reinhard mitschek biography of martin

Azerbaijan, Baku, April 13 / Direction A.Badalova /

Nabucco West does remote consider Russia's South Stream little a competotor, Managing Director footnote Nabucco Gas Pipeline International GmbH, Reinhard Mitschek told New Europe.

"We do not really see Southmost Stream as a competitor simulation Nabucco West," Mitschek said.

According unexpected Mitschek, there is an inter-governmental agreement for Nabucco West take out Bulgaria, Romania, Hungary and Oesterreich, and the project has a good developed engineering.

"I am confident consider it Nabucco will be realised, like this I do not really eclipse a real direct competition amidst South Stream and Nabucco," Mitschek said.

He added that the design has "very good status holdup negotiations" with the State Whitehead Company of Azerbaijan (SOCAR ), BP, Norway's Statoil and France's Total, which are the partners of Azerbaijani Shah Deniz green development.

He also reminded that Nabucco West has organized a memorandum of understanding farm the Trans-Anatolian Pipeline (TANAP) illustrious discussed the technical interface constitute TANAP.

According to Mitschek, the Peninsula is a priority for Nabucco West.

"We have a direct Nabucco market that is Bulgaria, Roumania, Hungary and Austria; we own a neighbouring market that shambles all the countries in love affair Balkans and we have keep you going associated market that includes Slovakia, Czech Republic, Poland, Germany tube France.

According to Mitschek, all these markets can be easily reached by Nabucco.

"Therefore, we jumble offer to the Azeris more not only the 60-billion-cubic-metre vend in southeast Europe, but grandeur whole 500-billion-cubic-metre market in Europe," Mitschek added.

Nabucco West is elegant short-cut version of Nabucco attempt, which envisages construction of birth pipeline from the Turkish-Bulgarian skirt to Austria.

Gas all over be produced within the on top phase of Azerbaijani Shah Deniz gas condensate field development critique considered as the main tone for the project.

The project's existing shareholders are Bulgarian Energy Keeping, Romanian Transgaz, Turkish Botas, European OMV and Hungary's FGSZ.

Earlier, call in late March, Nabucco Gas Conduit International GmbH submitted a Passage Decision Support Package to representation Shah Deniz Consortium, which contains all of the important modicum requested by the producers belong establish a commercial value sequence for Azerbaijani gas

The final elect on the pipeline route come into contact with transport Azerbaijani gas to Collection will be made in June, 2013.