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44

Bosnia Seeks Access to Nabucco and South Stream Pipeline

The Bosnian BH-Gas gas distributor asked that the Turkish Botas state pipeline company to assist with the construction of a pipeline adjacent to the Nabucco gas pipeline, the Energy Intelligence Group reported citing BH-Gas General Manager Almir Bekarevik.

Bosnia Seeks Access to Nabucco and South Stream Pipeline Bosnia Seeks Access to Nabucco and South Stream Pipeline

 

The Bosnian BH-Gas gas distributor asked that the Turkish Botas state pipeline company to assist with the construction of a pipeline adjacent to the Nabucco gas pipeline, the Energy Intelligence Group reported citing BH-Gas General Manager Almir Bekarevik.
Botas is a member of the Nabucco consortium.
BH-Gas receives over 300 million cubic meters of gas annually from Russia via neighboring Serbia.
Nabucco will transport 31 billion cubic meters of Caspian and Middle Eastern gas to Europe via Turkey. The pipeline is seen as a rival to the South Stream Project implemented by the Russian Gazprom. The project is designed to carry up to 63 billion cubic meters of Russian gas to Europe via the Black Sea.
Bekarevik said Bosnia needs access to both South Stream and Nabucco.
The Nabucco gas pipeline project is worth 7.9 billion euro. Participants are the Austrian OMV, Hungarian MOL, Bulgarian Bulgargaz, Romanian Transgaz, Turkish Botas and German RWE. Each participant has an equal 16.67-percent share. Construction is planned to launch in 2011, with first supplies commencing in 2014. 

Source : Oil and Gas Eurasia