Tuesday, March 25, 2008

Nabucco Trans-Caspian Gas Pipeline In Jeopardy

ANKARA, March 25 (RIA Novosti) - The future of the Western-backed Nabucco trans-Caspian gas pipeline that is designed to bypass Russia could be in jeopardy, the Turkish daily Cumhuriyet said on Tuesday.

In what was widely seen as a major blow to the Nabucco project, Russia, Turkmenistan and Kazakhstan signed a deal in December to supply the Asian states' Caspian gas via Russia. Moscow also reached deals with Bulgaria and Serbia earlier this year on the South Stream pipeline to pump Central Asian gas to Europe


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