Bulgarian president says Austria interested in Nabucco, South Stream projects
SOFIA – Austria is keenly interested in both Nabucco project, which is a priority, and South Stream project, said Bulgarian President Georgi Parvanov after meeting with Austrian Chancellor Werner Faymann, FOCUS News Agency reported.
The Austrian Chancellor said the projects complemented each other, he added.
Nabucco project is designed to transport gas from the Caspian region and the Middle East to the EU countries. The project is worth 7.9 billion euro, with its construction planned to start in 2012 and the first supplies to be commissioned in 2015. The project's participants include the Austrian OMV, Hungarian MOL, Bulgarian Bulgargaz, Romanian Transgaz, Turkish Botas and German RWE.
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