A week after the launch of the registration phase of the Open Season, shipper interest in registration and capacity booking in the Nabucco West pipeline has already exceeded expectations.
Nabucco has received strong interest from variety of shippers, including potential shippers not part of Nabucco, the Shah Deniz consortium or its buyers.Learn More....
The national regulators of Austria, Hungary, Romania and Bulgaria have confirmed via a draft decision the prolongation of the existing 50% exemption from EU legislation on third party access granted to Nabucco.
The prolongation is aligned with the expectations of the delivery timelines of Shah Deniz gas.Learn More....
NABUCCO Gas Pipeline International GmbH announced today, that the environmental permitting process for the Bulgarian section of the pipeline route is now complete.
Bulgaria is now the second NABUCCO country to successfully finish the permitting process, after Hungary.Learn More....
6 May 2013: NABUCCO Gas Pipeline International GmbH today announced the launch of the Open Season process for capacity booking in the Nabucco pipeline.
This first phase of the Open Season process offers potential shippers the possibility to register their interest in booking capacity in the pipeline and to request access to the Open Season documents, following which they can provide non-binding capacity bookings.Learn More....
“Nabucco, in all its iterations, answers best to the policy priorities that the Commission outlines...”
The Foreign Ministers of Austria, Bulgaria, Hungary and Romania have sent a letter to the President of the European Commission José Manuel Barroso, Vice President of the European Commission Baroness Catherine Ashton and Commissioner for Energy Günther Oettinger.Learn More....
The fourth NABUCCO Committee convened in Budapest, Hungary today. The Committee comprises senior representatives of those governments who are signatories to the Intergovernmental Agreement – Bulgaria, Hungary, Romania, Turkey and Austria.
At today’s meeting, members reconfirmed their commitment to ensure that NABUCCO West is selected as the first European route to transport gas from the Caspian.Learn More....
NABUCCO Gas Pipeline International GmbH announced today that the company had submitted a Pipeline Decision Support Package to the Shah Deniz II Consortium.
The Pipeline Decision Support Package contains all of the important elements requested by the producers to establish a commercial value chain for Azeri Gas.Learn More....
The NABUCCO Project Support Agreement (PSA) signed between Romania, NABUCCO Gas Pipeline International GmbH and the NABUCCO National Company Romania has been signed by the Romanian President and published in the Romanian Official Gazette.
Reinhard Mitschek, Managing Director NABUCCO Gas Pipeline International GmbH. stated: "We welcome the renewed support of Romania for the NABUCCO pipeline.Learn More....
Andreas Gunst , Chief Legal Counsel & Compliance Officer of NABUCCO Gas Pipeline International GmbH, has won an industry acclaimed award for excellence in the Regulatory (Non-financial Services) category at the European Counsel Awards 2013, which recognises achievement in the legal sector across Europe.
The International Law Office, with the support of the Association of Corporate Counsel Europe, selects the winners of the European Counsel Awards after in-depth analysis of in-house lawyers and legal departments worldwide.Learn More....
NABUCCO Gas Pipeline International GmbH announced today the signing of a Memorandum of Understanding and Co-operation (MoU) with the Trans Anatolian Pipeline (TANAP)*, in which the two parties formally agree to co-operate on the development of the Southern Gas Corridor.
The MoU states that NABUCCO and TANAP will exchange technical and other strategic information and “cooperate in a manner that will support the development of their respective projects.”Learn More....
Natural Gas Europe was pleased to have the opportunity of interviewing Reinhard Mitschek, CEO of Nabucco Gas Pipeline International GmbH.
Our cooperation with the Shah Deniz II Consortium is ongoing, transparent and very successful. In January we signed a Cooperation Agreement and an Equity Option and Funding Agreement with the Shah Deniz partners. The latter also lays out the principles under which the Equity Option will be exercised, i.e. the Shah Deniz partners will become partners in Nabucco.Learn More....
NABUCCO Gas Pipeline International GmbH has announced the launch of the pre-qualification process for steel pipe producers for its 1320 km, 48” diameter gas pipeline.
The announcement, which was submitted to the European Journal on 31 January 2013, requests potential suppliers to apply for the pre-qualification phase. Learn More....
NABUCCO Gas Pipeline International has signed a contract with contractor Saipem to perform Front End Engineering & Design (FEED) services for the Nabucco West Project. Saipem has been selected as the appropriate provider of these services based on a competitive tender process launched in September 2012.
The contract includes all FEED activities for the 48 inch diameter, 1326 km pipeline system. This includes strategic analysis of data and information to conduct appropriate risk assessments and allocation of resources across the pipeline to ensure the continued successful development of the project.Learn More....
NABUCCO Gas Pipeline International GmbH announced that the NABUCCO Shareholders ("OMV, BOTAS, BEH, Transgaz, RWE, FGSZ, hereinafter NABUCCO Shareholders") have signed today agreements in Vienna, Austria
The NABUCCO Shareholders welcome this important milestone in the development of NABUCCO West and anticipate successful cooperation in delivering the pipeline project. Key NIC executives underlined support both for the funding and for the possible new shareholders.Learn More....
The Contracting Parties to the Nabucco Intergovernmental Agreement acknowledged a political declaration confirming the validity of the NABUCCO Intergovernmental Agreement and Project Support Agreements to NABUCCO West, giving comfort to investors and producers at the Nabucco Political Committee in Sofia, Bulgaria yesterday.
The declaration, introduced by the Bulgarian Minister for Energy, also encouraged the shareholders of Nabucco to consider the early implementation of a gas interconnection between Bulgaria and Turkey. Learn More....
Nabucco Gas Pipeline International Gmbh ("NIC"), the shareholders in NIC ("OMV, BOTAS, BEH, Transgaz, RWE, FGSZ, hereinafter Nabucco Shareholders") and Potential Investors (SOCAR, BP, Statoil and Total) have reached agreement in principle on:
Joint funding of the development costs of the Nabucco West up to the pipeline selection decision for Shah Deniz' European export route; and...Learn More....
Nabucco Gas Pipeline International GmbH has achieved another important milestone in Bulgaria.
On December 17th 2012 the Bulgarian Ministry of Environment and Water issued a statement endorsing the quality of the national Environmental Impact Assessment Report and Appropriate Assessment Report for the Bulgarian section of the pipeline to the local company NABUCCO Gas Pipeline Bulgaria EOOD.Learn More....
In lieu of holiday gifts this season, NABUCCO Gas Pipeline International GmbH will donate 15000 euro to a charity farm run by Caritas in Temesvar, Romania.
The donation will be used to fund a harvester for the farm.
The Caritas farm grows food for the six Caritas facilities in Temesvar, Romania, and feeds about 400 people every day.Learn More....
Dow Jones Energy Daily interviewed Reinhard Mitschek.
Dow Jones Energy Daily interviewed Reinhard Mitschek, CEO of NABUCCO Gas Pipeline International, at the 2012 Frankfurt Gas Forum last week, about why NABUCCO is the flagship project of the Southern Gas Corridor.Learn More....
The 422 km long Bulgarian section of the Nabucco pipeline has formally entered into the Environmental Impact Assessment (EIA) Approval phase, the Nabucco National Company in the country announced today.
The documentation relating to the EIA procedure was submitted to the Ministry of Environment in Bulgaria on 31 October 2012.Learn More....
The shareholders of the NABUCCO Gas Pipeline International GmbH announced today that Teodora Georgieva has been appointed Managing Director of the NABUCCO National Company (NNC) in Bulgaria. Ms Georgieva takes over from Mr. Marii Kossev.
Reinhard Mitschek, NABUCCO Gas Pipeline International GmbH CEO stated: “I am pleased to welcome Ms Georgieva to NABUCCO. Ms Georgieva´s experience in the gas industry, especially in the context of Bulgaria,
will be a great asset to the NABUCCO project.Learn More....
The shareholders of Nabucco Gas Pipeline International today announced that Frank Siebert will join its board and become the company’s Chief Financial Officer with effect from 1 November 2012.
Mr. Siebert has been serving as External Finance Consultant with Nabucco since May 2012. Learn More....
The Nabucco Political Committee-Meeting of the Nabucco Ministers of the Transit Countries convened in Vienna, Austria today confirmed the full political support for the Nabucco Gas Pipeline Project and for the existing Intergovernmental Agreement giving comfort to investors and producers.
Hosted by the Austrian Energy Ministry and attended by the Energy Commissioner Günther Oettinger, the Bulgarian Prime Minster Boyko Borisov and the Energy Ministers from Bulgaria, Hungary, Romania and Turkey alongside the Nabucco shareholders, the Political Committee reiterated its full and resounding support for the Nabucco project.Learn More....
The Nabucco Consortium today submitted a proposal to the Shah Deniz II Consortium for the construction of a “Nabucco West” pipeline, which would bring Caspian gas from the Bulgarian-Turkish border to Baumgarten and beyond.
“We are convinced that we have submitted a competitive and comprehensive proposal to the Shah Deniz II Consortium, and that this proposal represents a win-win situation for our shareholders and for suppliers alike”, said Reinhard Mitschek, Managing Director of Nabucco Gas Pipeline International GmbH.Learn More....
Nabucco Gas Pipeline International GmbH has submitted the Environmental Impact Assessment (EIA) Report for the 733 kilometer “Sivas-Iraqi (Silopi) section” in Turkey to the Ministry of Environment and Urbanization.
Reinhard Mitschek, Managing Director, Nabucco Gas Pipeline International GmbH commented: “The submission of the EIA Report is an important step forward in the approval process and realization of the project”.Learn More....
The Nabucco project has been named a “National Project” by the Government of Bulgaria at the Council of Ministers meeting today.
This is a landmark decision to support an accelerated implementation process that underlines the public and strategic benefits of the Nabucco pipeline project.Learn More....
Nabucco Gas Pipeline International will commence activities pursuant to the “decision of public utilities” concerning the pipeline route within the boundaries of Turkey.
This is a very important step in the progress of the project that allows approval by the Ministry of Energy and Natural Sources of Turkey for Nabucco’s application in a resolution dated February 14, 2012.Learn More....
Vienna, 7 February 2012. The Environmental Impact Assessment (EIA) Report for the 760 km long section between Ankara and Turkish-Bulgarian Border of Nabucco Gas Pipeline International has been officially submitted to the Ministry of Environment and Urbanization in Turkey.
The submitted EIA Report was prepared according the format determined by the ministry in its decision given in July 2010.Learn More....
NABUCCO Gas Pipeline International GmbH has appointed Gábor Bercsi as Managing Director of Nabucco National Company Hungary effective 1 February.
Mr. Bercsi has extensive experience in the energy sector. In his previous position as Managing Director of Sinergy Energy Service in Budapest, a subsidiary of RWE, he successfully set up the company and over ten years directed it toward the strong market position it holds now. Learn More....
Vienna, January 31st 2012, NABUCCO Gas Pipeline International GmbH has extended the contract with TÜV Rheinland, the international testing service provider, for auditing general contractors wishing to pre-qualify for the construction of the Nabucco pipeline.
The new contract awarded to the experts at TÜV Rheinland covers the auditing of EPC (Engineering, Procurement and Construction) contractors.Learn More....
Dr. Werner Auli, Chairman of the Nabucco Steering Committee: “Nabucco is by far the best option to transport gas from the Southern Corridor to Europe.”
Dr. Auli stated in a Reuters-Interview that he was convinced that the decision by Shah Deniz II whom to provide with the gas will be taken very soon.Learn More....
Reinhard Mitschek, Managing Director of Nabucco Gas Pipeline International GmbH, met with the Director of the Energy Community Slavtcho Neykov in Vienna on January 19th. Mutual updates on the latest developments stood at the center of the discussions.
According to the Nabucco Management, Nabucco offers the most comprehensive legal framework, which builds on intergovernmental agreements and is in full compliance with EU energy laws. Learn More....
As already announced earlier this year Nabucco Gas Pipeline International has now engaged a new Owner´s Engineer.
As already announced earlier this year Nabucco Gas Pipeline International has now engaged a new Owner´s Engineer. Effective from 14 December, WorleyParsons, a world leader in Engineering and Project Management Services, has taken over the contract for Owner´s engineering services for the Nabucco Pipeline Project.Learn More....
Nabucco Gas Pipeline International GmbH today submitted a comprehensive transportation proposal to the Shah Deniz II consortium.
Nabucco Gas Pipeline International GmbH today submitted a comprehensive transportation proposal to the Shah Deniz II consortium. Reinhard Mitschek, Managing Director, NABUCCO Gas Pipeline International GmbH, stated: “We are confident that Nabucco offers the best export route for gas from Azerbaijan and from other sources.Learn More....
Nabucco Gas Pipeline International GmbH welcomes Bayerngas’ intent on becoming one of the Nabucco shareholders.
Nabucco Gas Pipeline International GmbH welcomes Bayerngas’ intent on becoming one of the Nabucco shareholders. Negotiations with the six current shareholders will begin immediately to determine the future share split within the consortium.Learn More....
Nabucco Gas Pipeline International GmbH welcomes today’s decision by the Council of the European Union to approve the mandate given to the European Commission
Nabucco Gas Pipeline International GmbH welcomes today’s decision by the Council of the European Union to approve the mandate given to the European Commission to negotiate an agreement for the legal framework with Azerbaijan and Turkmenistan for a Trans-Caspian gas pipeline system.Learn More....
NABUCCO Gas Pipeline International GmbH has appointed RPS Energy as Consultants on unexploded ordnance (UXO) risk assessments effective from August 25, 2011.
NABUCCO Gas Pipeline International GmbH has appointed RPS Energy as Consultants on unexploded ordnance (UXO) risk assessments effective from August 25, 2011.Learn More....
Italian engineering company D’Appolonia S.p.A. (D’Appolonia) has been appointed as new Environmental and Social Impact Assessment (ESIA) Advisor for the Nabucco Pipeline Project
Italian engineering company D’Appolonia S.p.A. (D’Appolonia) has been appointed as new Environmental and Social Impact Assessment (ESIA) AdvisorLearn More....
The legal framework for the Nabucco Pipeline has been finalised today with the signing - in Kayseri, Turkey - of the Project Support Agreements (PSAs)
The legal framework for the Nabucco Pipeline has been finalised today with the signing - in Kayseri, Turkey - of the Project Support Agreements (PSAs) between NABUCCO Gas Pipeline International GmbH and the responsible ministries of the five transit countries (Austria, Bulgaria, Hungary, Romania and Turkey).Learn More....
The Project Support Agreements for the Nabucco Pipeline have been finalised and will be signed by the Nabucco Companies
The Project Support Agreements for the Nabucco Pipeline have been finalised and will be signed by the Nabucco Companies and the responsible Ministries of the five transit countries (Austria, Bulgaria, Hungary, Romania and Turkey) in an official signing event in Kayseri, Turkey, on 8 June. Learn More....
Commissioner Guenther Oettinger gave a well-received key note speech stressing the Commissions strong support for the project
Commissioner Guenther Oettinger gave a well-received key note speech stressing the Commissions strong support for the project at a Nabucco Congress organized by the Austrian Embassy in Berlin.Learn More....
Nabucco welcomes the signing, today in Baku, of a joint declaration on gas delivery for Europe between European Commission President, José Manuel Barroso, and President of Azerbaijan, Ilham Aliyev.
Nabucco welcomes the signing, today in Baku, of a joint declaration on gas delivery for Europe between European Commission President, José Manuel Barroso, and President of Azerbaijan, Ilham Aliyev. Learn More....
The Bulgarian Minister of Foreign Affairs, Nikolay Mladenov, was received by Reinhard Mitschek in Vienna
The Bulgarian Minister of Foreign Affairs, Nikolay Mladenov, was received by Reinhard Mitschek, Managing Director NABUCCO Gas Pipeline International GmbH at the company’s headquarters in Vienna to discuss recent progress as well as the next steps for the Nabucco pipeline.Learn More....
Important step towards meeting Europe’s energy security demand
A mandate letter has been signed today by the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), IFC - a member of the World Bank Group -, the shareholders of Nabucco and NABUCCO Gas Pipeline International GmbH.Learn More....
Two feeder lines to Georgia and Iraq confirmed. Nabucco follows a multi-sources approach.
The Nabucco pipeline project has taken another step forward. At their latest Steering Committee meeting in Ankara, the shareholders agreed on a modification of the feeder line concept. Learn More....
Two weeks of public hearings completed sucessfully. Public hearings took place in six Turkish cities along the route. Nabucco involves communities and stakeholders.
The first round of public hearings in Turkey has been successfully completed...Learn More....
Nabucco Gas Pipeline International GmbH welcomes the agreement that was signed in Ankara today between the Turkish Prime Minister and the Azerbaijani President defining terms for the transit of gas to Turkey and Europe.
"This is a step ahead in the right direction," Reinhard Mitschek, Managing Director stated...Learn More....
Nabucco starts prequalification tender for long lead items including line pipes, valves and bends.
Overall value of prequalification package Euro 3.5 Billion. Construction to commence end of 2011.
This week Nabucco Gas Pipeline International launched the pre-qualification process as a starting phase for the procurement of long lead items needed for the pipeline... Learn More....
Start of Construction by end 2011, first Gas expected to flow end of 2014.
Consortium has no indication to shift the current timeline.
Nabucco Managing Director Reinhard Mitschek today again confirmed the current Nabucco Timeline. “We are aiming to start with the construction at the end of 2011 and... Learn More....
Nabucco treaty now ratified in all transit-countries. Turkey, Bulgaria, Romania, Hungary and Austria confirming their determi-nation in building the pipeline. IGA guarantees stable legal framework for gas transit
The Nabucco Consortium welcomes yesterday’s decision by the Turkish parliament to ratify the treaty that will enable construction and operation of the Nabucco... Learn More....
15.000 Euros contribution to project “Street children House Maria Stein” in Petrosani – Romania. Nabucco proactively helps underprivileged people within the Nabucco countries
Nabucco Gas Pipeline International does away with Christmas presents this year and donating instead to the Caritas Street Children House in Romania. “Christmas is... Learn More....
Nabucco steps into intensive phase for technical detailed planning. Five Local FEED Engineers for all transit countries appointed. Managing Director Reinhard Mitschek switches from OMV to Nabucco Gas Pipeline Int. – core team moved into Vienna office. Prague-Summit another important political milestone. Intergovernmental Agreement to be signed at the end of June.
Detailed engineering and planning for the complete route of the multinational Nabucco Pipeline Route has reached the intensive phase. Five Local FEED (Front End... Learn More....
In preparation of the Open Season Process the Nabucco Gas Pipeline International GmbH undertook an actual market survey amongst potential shippers on a non binding basis last month. Nabucco capacities are more than 100 Percent overbooked by potential shippers from day one in 2013 on a long term basis.
Strong request for transport of natural gas from various gas sources in Central Asia and Middle Eeast. Open Season Process will start, when the legal framework - Exemption Process and Intergovermnental Agreement - is finally established.
Reinhard Mitschek, Managing Director of Nabucco Gas Pipeline International GmbH stated: “This result is a strong positive signal from the European gas market and... Learn More....
The Nabucco Consortium recently undertook a CAPEX update based on an actual market survey amongst major material and service supplies. The high price of crude oil and rising demand for steel cause increase of investment. Nabucco requires 2 mn tons of steel, 200,000 pipes and more than 30 compressor units. Nabucco´s competitiveness is uneffected since high demand for energy will increase the profitability of energy projects.
Reinhard Mitschek, Managing Director of Nabucco Gaspipeline International as a result of the decision of the running Steering Committee Meeting said: “The Nabucco... Learn More....
Nabucco Gas Pipeline International Ltd., a consortium of international partners planning and constructing the Nabucco Gas Pipeline, appoints British company
Penspen as owner's engineer for coordinating the detailed planning of the project. Four national Nabucco companies already founded in 2007
Reinhard Mitschek, Managing Director Nabucco Gas Pipeline International Ltd, commented: “The Nabucco project is reaching the stage of actual realisation. By... Learn More....
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