European Bank for Reconstruction and Development yesterday said the willingness to be the main project Nabucco. The Bank reported that the head the syndicate to provide financing for the project in the amount of 1 billion euros. This will allow the pipeline to begin construction as early as next year. According to experts, the pace at which the EU started to implement this project, indicate that he no longer sees Russia as a reliable supplier of gas. Not least, it affected the tension in relations with Ukraine and Belarus.
Nabucco gas pipeline length of about 3.3 square kilometers will pass through the territory of Azerbaijan, Georgia, Turkey, Bulgaria, Romania, Hungary, Austria and Germany. It is anticipated that the pipeline would deliver an annual volume of natural gas Europe 26-32 billion cubic meters from Azerbaijan, Turkmenistan and Uzbekistan. The project cost is estimated at 7 billion euros.
that the European Bank for Reconstruction and Development (EBRD) is ready to be a main participant in the financing pipeline project Nabucco, reported Bloomberg on the bank's director of energy business Riccardo Puliti. According to him, the EBRD can lead a syndicate of banks to provide financing for the project in the amount of 1 billion euros. Earlier, European Commissioner for Energy, Andreas Piebalgs said that, if we can resolve the issue of financing the project Nabucco, its immediate implementation could begin as early as 2010.
The last time the European Commission has made considerable efforts to expedite the construction of the pipeline. Thus, at the end of last year, was established Caspian Development Corporation for the purchase of gas in Middle and Central Asia, the coordination of investments in the development of oil and gas production in the region and transporting energy. And in early June, the Minister of Energy of Azerbaijan Natik Aliyev said his country is ready to supply gas to Nabucco. In the first days of July in Ankara will sign the relevant intergovernmental agreement.
Г‚В
Head of analytical department of the Russian IR Brokerkreditservis Maxim Shein said that the European Union in recent years has intensified the search for alternative sources of natural gas. This may be due to the fact that, following the January gas war with Ukraine in the EU is no longer considered Russia a reliable supplier. A threat of a recurrence of conflict with the current transit only fuel those fears, - said Deputy Director of Science and Technology Center Psyche Gennadij Ryabtsev . Recall earlier in Gazprom claimed that Ukraine does not injection of gas in its storage, which can lead to problems with the transit of gas in the winter. Yesterday, Gazprom demanded that Beltransgaz to pay $ 230 million of debt for delivered in January and April natural gas, promising to turn off gas to Belarus, if this is done.
However, the main supplier of gas for Nabucco - Turkmenistan - it seems, is still not determined, by what route would be to supply gas. For example, in May, Gazprom offered to Ashgabat or reduce the supply in the II quarter at 80% or lower price for the decrease in purchases of fuel by Ukraine, which in turn led to dramatic statements about the leadership of Turkmenistan to sell gas to EU countries. But last Monday was another round of talks with Gazprom, which resulted in Alexei Miller said on reaching an understanding with the Turkmen leadership, rather than the more detailed comments.
Most U.S. stocks third day in a number lost in the price (SP 500 -0.14%)
Oil on Wednesday 17 June, a little grown up on the basis of volatile trading session
Asian Exchange for the most part reduced to a question about the future of U.S. economy
Yesterday at the U.S. stock market once again dominated by mixed feelings
Latin America: the paper company the financial sector led the decline index
United States beginning with the largest 30-ies of the regulatory reform finrynkov
Inside may lose cheap oil
UAH desheveet against the dollar and euro
Problem banks: Where can I withdraw money from the card
The Bank collects money from Nabucco
European Bank for Reconstruction and Development yesterday said the willingness to be the main project Nabucco. The Bank reported that the head the syndicate to provide financing for the project in the amount of 1 billion euros. This will allow the pipeline to begin construction as early as next year. According to experts, the pace at which the EU started to implement this project, indicate that he no longer sees Russia as a reliable supplier of gas. Not least, it affected the tension in relations with Ukraine and Belarus.
Nabucco gas pipeline length of about 3.3 square kilometers will pass through the territory of Azerbaijan, Georgia, Turkey, Bulgaria, Romania, Hungary, Austria and Germany. It is anticipated that the pipeline would deliver an annual volume of natural gas Europe 26-32 billion cubic meters from Azerbaijan, Turkmenistan and Uzbekistan. The project cost is estimated at 7 billion euros.
that the European Bank for Reconstruction and Development (EBRD) is ready to be a main participant in the financing pipeline project Nabucco, reported Bloomberg on the bank's director of energy business Riccardo Puliti. According to him, the EBRD can lead a syndicate of banks to provide financing for the project in the amount of 1 billion euros. Earlier, European Commissioner for Energy, Andreas Piebalgs said that, if we can resolve the issue of financing the project Nabucco, its immediate implementation could begin as early as 2010.
The last time the European Commission has made considerable efforts to expedite the construction of the pipeline. Thus, at the end of last year, was established Caspian Development Corporation for the purchase of gas in Middle and Central Asia, the coordination of investments in the development of oil and gas production in the region and transporting energy. And in early June, the Minister of Energy of Azerbaijan Natik Aliyev said his country is ready to supply gas to Nabucco. In the first days of July in Ankara will sign the relevant intergovernmental agreement.
Г‚В
Head of analytical department of the Russian IR Brokerkreditservis Maxim Shein said that the European Union in recent years has intensified the search for alternative sources of natural gas. This may be due to the fact that, following the January gas war with Ukraine in the EU is no longer considered Russia a reliable supplier. A threat of a recurrence of conflict with the current transit only fuel those fears, - said Deputy Director of Science and Technology Center Psyche Gennadij Ryabtsev . Recall earlier in Gazprom claimed that Ukraine does not injection of gas in its storage, which can lead to problems with the transit of gas in the winter. Yesterday, Gazprom demanded that Beltransgaz to pay $ 230 million of debt for delivered in January and April natural gas, promising to turn off gas to Belarus, if this is done.
However, the main supplier of gas for Nabucco - Turkmenistan - it seems, is still not determined, by what route would be to supply gas. For example, in May, Gazprom offered to Ashgabat or reduce the supply in the II quarter at 80% or lower price for the decrease in purchases of fuel by Ukraine, which in turn led to dramatic statements about the leadership of Turkmenistan to sell gas to EU countries. But last Monday was another round of talks with Gazprom, which resulted in Alexei Miller said on reaching an understanding with the Turkmen leadership, rather than the more detailed comments.
Most U.S. stocks third day in a number lost in the price (SP 500 -0.14%)
Oil on Wednesday 17 June, a little grown up on the basis of volatile trading session
Asian Exchange for the most part reduced to a question about the future of U.S. economy
Yesterday at the U.S. stock market once again dominated by mixed feelings
Latin America: the paper company the financial sector led the decline index
United States beginning with the largest 30-ies of the regulatory reform finrynkov
Inside may lose cheap oil
UAH desheveet against the dollar and euro
Problem banks: Where can I withdraw money from the card