Hopes revived for stalled Nabucco pipeline

Germany's RWE and Gaz de France have announced an interest in co-financing the Nabucco pipeline project, which has been delayed due to financing problems and competing Central Asian pipeline deals steered by Russian energy giant Gazprom. Speaking at a Financial Times conference on 14 September, Stefan Judisch, CEO of RWE Gas Midtream, stated his company's willingness to invest €1 billion into the Nabucco pipeline. Gaz de France's CEO Jean-Marie Dauger also expressed the French energy ...

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