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Friday, 10 February 2012
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Turkish Minister: Nabucco Pipeline not an Alternative for ITGI

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Tuesday, 21 July 2009

Turkey's Energy Minister Taner Yildiz said the Nabucco Pipeline Project was not an alternative to the Interconnector Turkey-Italy-Greece project (ITGI), adding that parties would soon reach a joint decision on the fate of this project.

Yildiz who addressed the "Economic and Financial Forum for the Mediterranean" in Milan, briefed the forum on Turkey's energy policies and the recent developments.

Minister Yildiz, who tried to clear doubts about ITGI in Italian public which arose after the signing of the intergovernmental agreement on Nabucco project, said Turkey did not give up on ITGI.

He said once the deal on ITGI was signed, the geopolitical importance of Italy and Greece would increase.

Turkey, Austria, Hungary, Bulgaria and Romania recently signed the intergovernmental agreement on the Nabucco Pipeline Project in Ankara which is regarded as a "turning point" for the 3,300-kilometer pipeline that will carry Caspian and Central Asian natural gas to Austria in Europe to reduce EU dependence on Russian gas.

The Turkey-Greece-Italy (ITGI) pipeline which also is an integral part of Europe's plan to cut its dependence on Russian natural gas, will connect Azerbaijan's Shah Deniz gas field to Italy via Turkey and the Adriatic.

Tuesday, 21 July 2009

MILAN (A.A)
   Energy

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