2010-10-01Group of the European Nabucco expects to be the first supplies of gas to Europe from Iraq
BAGHDAD (Iba) / follow-up ...
Nabucco, the European Group said Iraq is the more realistic potential partners to be a link to the supply of natural gas in the project to transfer gas from the Caspian Sea to Europe.
The director of corporate affairs in Iraq Nabucco larger and less dependent on Russia from Turkmenistan or Azerbaijan, but this is expected to come first supplies of gas from Iraq.
The official said the company in a statement given to reporters in Bucharest today that initial supplies of Iraq has up to ten billion cubic meters.
He explained that the company is in preliminary negotiations with the Iraqi Oil Ministry by RWE, the German participation in the project.
It is supposed to begin work in the construction of the carrier gas after the announcement of the World Bank and European Bank for Reconstruction and Development, European Investment Bank on funding and approval in the second half of next year.
The agreement between the KRG and the German company to export natural gas from fields in the region to Europe across the line of NAPCO has led to disagreements with the Ministry of oil due to its objection to the legal agreement.
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