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EU Energy Commissioner Oettinger was cited earlier on Thursday as saying that the Nabucco pipeline will be delayed by 4 years; the Nabucco Consortium has not confirmed this information. Photo by EPA/BGNES
The planned Nabucco gas pipeline will be put into operation in 2014 as previously announced, the consortium behind the project said Thursday, denying reports of a four-year delay.
"The time schedule remains unchanged. Start of construction will be ready for the first gas deliveries in 2014," the consortium, Nabucco Gas Pipeline International GmbH, said.
The statement came on the heels of a report by Sueddeutsche Zeitung Thursday quoting European Energy Commissioner Guenther Oettinger as saying completion of the pipeline will be delayed at least until 2018.
"This must be a misunderstanding, because we expect to reach the maximum capacity by 2018," the consortium said.
The planned 3,000-kilometer (1,800-mile) pipeline aims to diversify gas supplies by bringing Caspian and Middle East fuel to Austria through Turkey. The venture, led by Vienna-based OMV AG, is vying with Asian and Russian projects for access to Azeri, Turkmen, Iranian and Iraqi gas.
The consortium includes Germany's RWE AG, Austria's OMV AG, Turkey's Botas, Hungary's MOL Nyrt., Romania's Transgas and Bulgaria's Bulgargas.
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