Search results for "nabucco"

Nabucco Could Still Use Iraqi Gas

The Nabucco consortium considers Northern Iraqi gas as an option to secure future gas supply to Europe, Dow Jones Newswires reported on Wednesday “Why shouldn’t we pipe gas from Northern Iraq,” Nabucco spokesman, Christian Dolezal is quoted as saying. “We should explore that as an option to secure future gas supply for Europe.” But he […]

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Nabucco Future Hangs in the Balance

The Nabucco gas pipeline project is facing collapse, reports AFP. The scheme to ship more than 30 billion cubic meters of gas per year from the Caspian and beyond to Europe, bolstering Europe’s energy security, may founder following Turkey’s decision to allow Russia’s rival South Stream project to run through its Black Sea waters. Construction […]

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Nabucco ‘of Great Importance for Iraq’

Iraqi Foreign Minister Hoshyar Zebari has told the Trend news agency that his country was keen on taking part in the planned Nabucco natural gas pipeline. “Iraq is able to propose its resources for this strategic project, which is of great importance for the country,” he was quoted as saying. UPI reports that Europe aims […]

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Nabucco May Revise Iraqi Pipeline Cost

Nabucco Gas Pipeline International may revise its cost estimate for the link to ship Caspian natural gas to Europe if it has to build a connection from the Iraqi border, according to its managing director, Reinhard Mitschek, quoted in the Moscow Times. The Vienna-based company expects to determine the project’s cost this year after it […]

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Nabucco Investment Decision Delayed to 2011

A final investment decision on investment for the Nabucco pipeline will definitely not happen this year, and will be delayed until 2011 because gas supply talks with Azerbaijan are dragging on, an Austrian newspaper reported on Friday. The 7.9 billion euro ($11 billion) Nabucco pipeline is part of the EU’s effort to diversify its natural […]

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Nabucco Pipeline May Be Extended to Iraq

Ashti Hawrami says Iraq can fill Nabucco. A day after Iraq said its proven oil reserves surged to world’s third biggest, talks are on to extend the Nabucco pipeline to country’s Kurdish region. According to Richard Morningstar, the Special Envoy of the United States Secretary of State for Eurasian Energy, it is important that natural […]

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Nabucco Pipeline Consortium Confirms Iraq, Drops Iran

The Nabucco pipeline project has taken another step forward. At their latest Steering Committee meeting in Ankara, the shareholders agreed on a modification of the feeder line concept. Two feeder lines were confirmed and the respective engineering works were ordered but due to the current political situation, Nabucco Gas Pipeline International is not planning a […]

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Natural Gas could Make Nabucco Pipeline Feasible

A minister from the semi-autonomous region of Northern Iraq said the area could provide natural gas to make the Nabucco pipeline feasible, EurActiv reported with reference to Northern Iraqi Energy Minister Ashti Hawrami. “We can provide 14 or 15 billion cubic metres to make the project work,” said Hawrami. According to him, Northern Iraq is […]

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OMV Shifts Focus to Iraq Exploration

By John Lee. Austrian oil and gas company OMV has said that second-quarter profit dropped 29 percent as production fell in Libya and its gas-trading unit lost money, according to Bloomberg. Chief Executive Officer Gerhard Roiss (pictured) is shifting OMV’s focus to exploration and production, including in Iraqi Kurdistan, while selling assets like gas stations […]

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The Exxon Mobil Bombshell

The following article was published on Monday by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here with the author’s permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq […]

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Iraq and Energy: A Political Perspective

Speech by British Ambassador, Michael Aron at the Kurdistan-Iraq: Oil & Gas Conference Mr Chairman, Prime Minister, Ladies and Gentlemen. Thank you for inviting me to speak at Kurdistan-Iraq Oil & Gas 2011. The timing could hardly be better.. as the country with greatest potential for increasing conventional oil production in the medium term, the […]

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