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Nabucco signs cooperation memo with TANAP

Mon, 04th Mar 2013 10:15

VIENNA, March 4 (Reuters) - The Nabucco consortium competingto build a pipeline to bring Azeri gas to Europe has signed amemorandum of understanding with TANAP, the group that willbring the gas through Turkey.

Nabucco said on Monday the two parties had agreed toexchange technical and other strategic information to supportthe development of their projects.

Nabucco's proposed pipeline would connect to TANAP to bringthe gas through Bulgaria, Romania and Hungary to a gas hub inAustria. The rival TAP pipeline would bring the gas from TANAPthrough Greece, Albania and Italy.

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