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Azerbaijan says it has gas to fill Nabucco pipeline
Published in Saudi Press Agency on 19 - 02 - 2009

Azerbaijan's state oil monopoly said Thursday that the Caspian country has enough natural gas to fill a pipeline meant to help Europe reduce its dependence on Russian supplies, according to AP.
The feasibility of the Nabucco pipeline _ which would run from the Caspian via Turkey, Bulgaria, Romania, Hungary and end in Austria _ has been questioned by some experts who said there is not enough gas around the Caspian to fill it.
But Khoshbakht Yusifzade, president of Azerbaijan's SOCAR oil monopoly, said the country's gas reserves will make the project a reality. «Azerbaijan has sufficient reserves to fill the Nabucco pipeline,» Yusifzade said.
He added that Azerbaijan's gas reserves stand at more than 2 trillion cubic meters.
Azerbaijan produced 23 billion cubic meters of gas in 2008, and Azerbaijani President Ilham Aliyev said last month that the country would double the gas production in
the next few years.


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