Press Releases
Press Releases 2008
Nabucco updates investment expectations
Press Release May 29, 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.
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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
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