Press Releases

Press Releases 2008

Market Survey shows huge demand for Nabucco capacities

Press Release August 18^th, 2008 - Vienna

Pipeline capacities are more than 100 percent overbooked by potential shippers on a non binding basis

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.

more >>

download now: > Press Release August 18^th, 2008 - Vienna (PDF, 101KB)

Nabucco updates investment expectations
Press Release May 29^th, 2008 - Vienna
Start of market sounding in preparation of open season process

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.

more >>

download now: > Press Release May 29, 2008 - Vienna (PDF, 95KB)

RWE joins Nabucco consortium as sixth partner
Press Release February 6, 2008 - Vienna

RWE becomes the sixth partner of the Nabucco consortium - agreements signed in Vienna on February 5, 2008
Important step towards the completion of the Nabucco pipeline - new partner substantially strengthens the consortium
From 2013 on the pipeline will connect Europe with the natural gas reserves in the Caspian region and the Middle East

more >>

download now: > Press Release February 6, 2008 - Vienna (PDF, 47KB)
link: > Photos from signing in Vienna

Nabucco-Pipeline starts detailed technical planning
Press Release January 8, 2008 - Vienna

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

more >>