Nabucco expects 20 bcm of Azerbaijani gas in long-term

The Nabucco Gas Pipeline Project expects to receive 20 billion cubic meters of gas from Azerbaijan in the long-term perspective, Nabucco Gas Pipeline International GmbH Managing Director Reinhard Mitschek told Dow Jones Energy Daily.

The gas produced within the second phase of the Azerbaijani Shah Deniz Field is considered to be the main gas source for the Southern Gas Corridor projects, including Nabucco. All the projects (Nabucco, ITGI and TAP) have already submitted final proposals to the Shah Deniz Consortium, which will made the decision on the transportation route by late 2011.

Mr. Mitschek said the Nabucco project wants to secure 10 billion cubic meters of gas from Shah Deniz II. And smaller developed fields in Azerbaijan could provide up to 4 billion cubic meters of gas in addition, he said.

Mitschek said that an open season procedure will be held in the first half of 2012. "Prior to that, the gas supply from the Azerbaijani field Shah Deniz II needs to be contractually guaranteed," Mitschek said.


/Trend/