Sep 4, 2008

Someone Answer This Question...

...From where is Nabucco going to get its gas? 

Why the silly question? We note of this little oddity in yesterday's Pipeline & Gas Journal:

"Although still awaiting a construction start, recent activity indicates the long-planned Nabucco Pipeline may soon move forward. The Nabucco Consortium, Nabucco Gaspipeline International (GmbH), awarded a contract to Penspen Limited, a UK-based consultancy, to undertake the role of owner's engineers to assist in setting up and managing local contractors in Austria, Hungary, Romania, Bulgaria and Turkey."

Curiously, Georgia and Azerbaijan are missing from that list. At the moment, the Nabucco Consortium is building a pipeline to nowhere. 

Projected cost: €7.9 billion.

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Who needs gas when you have US State Department "support" and "applause"?

And on top of that, who needs Iran when Nabucco can be filled with gas from our democratic allies Turkmenistan, Uzbekistan and ... Iraq?

Sounds like a joke, but it's the official line.

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Oh, Iraq!

That'll work. Great plan.

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