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Turkish Energy Minister to Attend Nabucco Summit in Budapest

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Monday, 26 January 2009

Turkish Minister of Energy and Natural Resources Hilmi Guler departed from Istanbul's Ataturk International Airport on Monday and is headed to Budapest, Hungary.

Guler will attend the Nabucco Summit in Budapest.

The summit will be attended by members of Nabucco (Turkey, Germany, Austria, Bulgaria, Romania and Hungary), and high level representatives from the European Union (EU), United States, Azerbaijan, Kazakhstan, Turkmenistan, Iraq, Egypt and Georgia.

The 3,300-kilometer Nabucco project is a planned natural gas pipeline that will transport natural gas from Turkey to Austria, via Bulgaria, Romania, and Hungary. It will run from Erzurum in Turkey to Baumgarten an der March, a major natural gas hub in Austria.

Around 30 billion cubic meters of natural gas a year will be transported to Europe after the Nabucco project is completed.

Turkish energy officials said the EU attached great importance to the project as EU leaders did not want to be energy dependent on Russia.

The Nabucco project is also supported by the United States as it would be an alternative to natural gas supply from Russia, biggest supplier of Europe.

Monday, 26 January 2009

ISTANBUL (A.A)
   Energy

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