"Nabucco’s Nemesis
Wednesday, July 15, 2009
Soner Çağaptay
On July 13, Turkey and four other European nations (Bulgaria, Romania, Hungary and Austria) agreed to build the Nabucco pipeline to transit gas from the Caspian Sea to Austria. When complete, Nabucco will be 3,300 kilometer (2,000 mile) long and cost $11 billion. This major undertaking would link Europe and the Caspian Sea directly, allowing European countries to buy gas from the Caspian basin, without having to rely on Russia."
More:Nabucco’s Nemesis - Hürriyet Daily News and Economic Review
