Wait, before I link that article, take a look at this.
I wonder if this explains Turkey's sudden change of heart?
Their "turn to the west"?
Nabucco Legal Framework Finalised – Project Support Agreement signed by each transit country
Kayseri, Turkey, 8 June 2011. The legal framework for the Nabucco Pipeline has been finalised today with the signing - in Kayseri, Turkey - of the Project Support Agreements (PSAs) between NABUCCO Gas Pipeline International GmbH and the responsible ministries of the five transit countries (Austria, Bulgaria, Hungary, Romania and Turkey).
Just this past June/2011, Turkey signed paperwork finalizing the legal framework for the Nabucco Pipeline.
Nabucco would be the competitor pipeline to Russia's Southstream.
According to Pamir, the natural-gas pipelines to Europe that are in the planning stages are competing projects, not complementary ones, as some officials have suggested.
The two projects are South Stream, which plans to bring gas from Russia to Europe, and Nabucco, which is expected to initially carry gas from Azerbaijan and may later expand its supply sources to include Iran, Qatar, Iraq, Egypt and even Russia.
South Stream’s advantage is the fact that it has a ready supply of natural gas from Russia, Pamir said, while Nabucco suffers from a lack of suppliers.
Which leaves me wondering?
The pipeline I mentioned in yesterday's post, Kirkuk/Banias could it have been connected into the Southstream Pipeline?
Now onto the link I was going to start out with, but, this seems the better place for it.
As the article above mentions South Stream already has a ready supply of natural gas. Nabucco suffers from a lack of suppliers.
Which leaves me scratching my head. Why waste the money?
Never mind, stupid question! Clearly this is about control, political game playing, more so then logic.
Nabucco will be the most expensive pipeline ever built.
This article is from 2010, but, it does have some relevant stuff in it
State Oil Company of the Azerbaijani Republic (SOCAR) vice president Elshad Nasirov is now threatening to start selling Azerbaijan ’s natural gas, currently Nabucco’s sole projected provider of throughput, to Asian countries if Europe further postpones Nabucco’s construction.
Construction of the 56-inch, 2,050-mile pipeline, first proposed in 2002, is tentatively slated to begin next year and scheduled for completion by 2014. At a cost initially estimated at $11.4 billion and rising, Nabucco will be the most expensive pipeline ever built, more than three times the cost of the 1,092-mile Baku-Tbilisi-Ceyhan (BTC) oil pipeline. Raising such a significant sum in a time of global recession would be an article of faith at best.
Even assuming that Nabucco’s boosters manage to assemble a coterie of deep-pocketed suckers – er, investors, the only promised current volume for Nabucco's proposed 31 billion cubic meters (bcm) annual throughput is Azerbaijan's future offshore Caspian Shah Deniz production, estimated at 8 bcm. Even if Shah Deniz does end up supplying Nabucco, its currently promised throughput leaves a deficit of 23 bcm, leading to the question of exactly whose natural gas will Nabucco carry if SOCAR drops out, a worst case scenario requiring the Nabucco consortium to scrounge not 23 bcm, but all 31 bcm per annum, especially as Washington’s geopolitics invalidate the participation of either Russia or Iran?
But Washington's geopolitics won't invalidate the participation of Iran if the NATO "world army" takes down Syria and then moves on to Iran?
And papers were finalized to begin construction just this past June in Turkey. Interesting?
Now onto a curiosity-
Nabucco- A synopsis ,from the Metropolitan Opera.
"In the Temple of Solomon in Jerusalem, the Israelites bewail their fate: Nabucco (Nebuchadnezzar), king of Assyria, has attacked them with his hordes and is desecrating the city. As they offer prayers, Zaccaria (Zacharius), their high priest, enters with his sister, Anna, and Nabucco's daughter, Fenena, whom the Jews hold hostage."
"Nabucco the king of Assyria has attacked the city in which is daughter is held hostage"