NABUCCO to be signed in Turkey13.07.09 10:12Officials from Turkey, Bulgaria, Romania, Hungary and Austria will gather in the Turkish capital Ankara to back the NABUCCO project, which has been in planning since at least 2004. The venture has been delayed by a lack of commitments from customers, transit nations and gas suppliers. Nabucco is intended to cut Europe’s dependence on Russian gas, helping to avoid a repeat of the cutoffs that reduced supplies to the region twice in the last three years. The link, due to send as much as 31 billion cubic meters of Caspian-region fuel a year via Turkey to Austria starting in 2014, still faces competition for gas. Georgian president Mikheil Saakashvili is attending the ceremomy. He has addressed the participants of the conference which was held prior to the signing ceremony and draw parallels between the Russian aggression against Georgia and the processes which was assessed as `Gas War`. `The Europe has witnessed the Russian aggression itself. There was a clear connection between the August war, aggression against Georgia and the cut of gas supply to some European states. It was a classic example of aggression. In the 21-st century, gas has turned into a tool ofor blackmailing states,` Saakashvili said. Georgian experts assess NABUCCO as the project of the century. They say the project is significant from the economic-political point of view for Georgia, but for whole Europe too. `Georgia`s political security depends on energy security of the region, therefore it is very important that stability and peace be guaranteed in the country,` Georgian experts say.
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