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 to break the Russian grip on the regional energy sector through a package of projects dubbed the 'Southern Corridor,' which includes the Nabucco pipeline.

Nabucco, however, has faced economic obstacles and hasn't received firm commitments from natural gas suppliers.

Azerbaijan is weighing proposals for resources from its Shah Deniz 2 gas field from pipeline groups involved in the Southern Corridor.

As there's not enough natural gas available from Azerbaijan to fill Nabucco's planned capacity, Nabucco said they would look at feeder lines, notably from Iraq, to provide additional supply.

Regarding disputes between the Kurdish and central governments in Iraq over natural resources, Zebari said both sides would "cooperate for the good of the population."

(Source: UPI)

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