Strong Shipper Interest in Nabucco after Launch of Open Season Registration Phase

Map of the Nabucco West gas pipeline project by Nabucco Gas Pipeline International GmbH

The Nabucco consortium has boasted that shipper interest in registration and capacity booking in the Nabucco West pipeline has already exceeded expectations a mere week after the launch of the registration phase of the Open Season.

Nabucco has attracted strong interest from a variety of shippers, including potential shippers not part of Nabucco, the Shah Deniz consortium or its buyers.

"We are very pleased at the sustained interest in the Open Season from potential shippers. The high levels of interest clearly show the demand for the opening of the Southern Gas Corridor connecting European markets to Caspian gas, and also for Nabucco, as the flagship project of the Southern Gas Corridor," said Reinhard Mitschek, CEO of Nabucco Gas Pipeline International GmbH.

The current shareholders in the EU-backed Nabucco gas pipeline project are the Bulgarian Energy Holding, Austria's OMV, Turkey's Botas, Romania's Transgaz and Hungary's FGSZ, a subsidiary of MOL.

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