Gunther Oettinger: it is time to start Nabucco construction![]() February 4, 2011 - 11:53 AMT PanARMENIAN.Net - It is time to start Nabucco construction, EU Commissioner for Energy said. According to Gunther Oettinger, the European Commission has done its best. The process has come to the point when companies should make an investment decision. Nabucco member countries should show courage to proceed, Interpressnews reported. European Union views Nabucco gas pipeline to be significant in terms of energy safety. Nabucco gas pipeline is being constructed with the goal of Caspian and Central Asian gas transit to Europe via Georgia-Turkey. The project budget totals 7.9 billion Euros. According to the preliminary data, the annual transit volume has been defined to be 31 billion cubic meters. ![]() ![]() Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. ![]() ![]() Partner news | ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |