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    AFP: Flagship EU gas pipeline project 'near collapse'

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Summary

Europe's flagship project to bolster its energy security by building a major gas pipeline to the Caspian that skirts Russia is near collapse, analysts say, with a newly confident Turkey playing a key role.

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Press Notes

AFP: Flagship EU gas pipeline project 'near collapse'

Europe's flagship project to bolster its energy security by building a major gas pipeline to the Caspian that skirts Russia is near collapse, analysts say, with a newly confident Turkey playing a key role.

Recent developments, including decisions by Ankara, have undercut the viability of the Nabucco pipeline, a project to ship more than 30 billion cubic meters of gas per year from the Caspian and beyond to Europe.   MORE