NABUCCO
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Transgaz OKs Loan To Nabucco International
Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) on Monday approved extending a loan of up to EUR3.75 million to Nabucco Gas Pipeline International so that the latter doesn’t go insolvent.
Transgaz, OMV Lend EUR7.5M To Nabucco International
Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) and Austria’s oil and gas company OMV will provide a loan of up to EUR7.5 million to Nabucco Gas Pipeline International so...
Transgaz Books EUR25M Charge On Nabucco West Project
Romanian natural gas transporter Transgaz Medias (TGN.RO) will write down assets worth 110.7 million lei (EUR25.1 million) in relation to the Nabucco West project, the company said in a stat...
US Embassy: Romania Has Other Supply Options Besides Nabucco
Azerbaijan’s decision not to ship its gas to Europe through the proposed Nabucco West pipeline was based on commercial reasons and should not be construed as a statement regarding Romania, s...
Romania To Rethink Energy Strategy After Nabucco Pipeline Failure
Romania will turn to own resources to increase oil and gas output after the Nabucco West project lost a bid to transport Azeri gas to the European Union, President Traian Basescu said Friday...
Romania Seeks New Ways To Increase Energy Independence As Nabucco Gets The Boot
Romania is focusing on new scenarios to increase its energy independence after the consortium developing a large Azeri oil field has rejected the proposed Nabucco pipeline route to transport...
GDF Suez Takes Over 9% Stake In Nabucco Gas Pipeline International From OMV
French utility group GDF Suez has taken over from Austria’s oil and gas company OMV a 9% stake in Nabucco Gas Pipeline International, the consortium that will develop, build and operate the...
Nabucco Pipeline Development Costs Rise To About 5% Of Total Investment
Nabucco Gas Pipeline International, the consortium to develop, build and operate the Nabucco West pipeline, has spent less than 5% of the total value of the investment on the development of...
Nabucco Pipeline Project Launches “Open Season” Process For Transport Capacity Booking
Nabucco Gas Pipeline International announced Monday the launch off the Open Season process for capacity booking in the Nabucco pipeline and interested transporters will be able to provide bi...