Nabucco, the gas pipe developed at European initiative to reducedependence on Russian gas imports, has been overshadowed by theaggressive approach of Russians at Gazprom in the past few years,who make and break partnerships for their own gas pipe, SouthStream.
Nabucco representatives say projects of this kind are done insmall, steady steps, and are certain building works will start in2012.
"We don't take major leaps, we take small, steady steps. Wedon't accelerate spectacularly, but this is the realistic way to doprojects of this size," says Christian Dolezal, spokesman for theNabucco project.
Nabucco shareholders are Transgaz (Romania), OMV (Austria), RWE(Germany), MOL (Hungary), Bulgargaz (Bulgaria) and Botas (Turkey).The maximum capacity of the pipe will be 31 billion cubic metres,it will cost 8 billion euros, and the pipe will be around3,800-kilometre long.
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