Nabucco pipeline EU priority after all
Czech Vice-President Aleksandar Vondra said that the Nabucco gas pipeline has become a priority of the EU once again.
Saturday, 21.03.2009.
16:46
Czech Vice-President Aleksandar Vondra said that the Nabucco gas pipeline has become a priority of the EU once again. The Nabucco pipeline will be financed with free assets from the Union’s budget, he said. Nabucco pipeline EU priority after all It is on the top of the list of the EU’s priorities, Vondra said yesterday at an EU summit in Brussels, adding that EUR 200mn has been reserved for the financing of the project. Earlier, EUR 250mn was planned to be invested. The project calls for the construction of a pipeline from the Caspian region of Europe, bypassing Russia, and was listed as an EU priority on March 17, according to Russian agency RIA Novosti. Polish Prime Minister Donald Tusk said that the project was determined as a priority on the insistence of the countries of central and eastern Europe, while Germany voiced the most opposition to the idea. German Chancellor Angela Merkel said that the EU has projects to invest budget assets into without the pipeline. Italy and France also voiced their concerned over whether the project is a necessity. The list of priority projects also includes a general European plan for stimulating the economy, which the European Commission presented in the fall. Along with other projects, the Nabucco pipeline represents the basic energy security of Europe and is expected to decrease the depends of the Union on gas coming from Russia, reports said.
Nabucco pipeline EU priority after all
It is on the top of the list of the EU’s priorities, Vondra said yesterday at an EU summit in Brussels, adding that EUR 200mn has been reserved for the financing of the project. Earlier, EUR 250mn was planned to be invested.The project calls for the construction of a pipeline from the Caspian region of Europe, bypassing Russia, and was listed as an EU priority on March 17, according to Russian agency RIA Novosti.
Polish Prime Minister Donald Tusk said that the project was determined as a priority on the insistence of the countries of central and eastern Europe, while Germany voiced the most opposition to the idea.
German Chancellor Angela Merkel said that the EU has projects to invest budget assets into without the pipeline.
Italy and France also voiced their concerned over whether the project is a necessity.
The list of priority projects also includes a general European plan for stimulating the economy, which the European Commission presented in the fall.
Along with other projects, the Nabucco pipeline represents the basic energy security of Europe and is expected to decrease the depends of the Union on gas coming from Russia, reports said.
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