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Nabucco could supply up to 5-10% of the EU's gas demand, the European Commission says (Photo: eastpole)

EU-backed Nabucco to receive legal certainty

The Nabucco project, designed to cut the dependence of energy-hungry Europe on Russian gas, will reach an important milestone later today (13 July) as EU governments and Turkey are set to sign a key transit pact.

"The signature will show that we are determined to make the Nabucco pipeline a reality as quickly as possible," European Commission chief Jose Manuel Barroso said ahead of the signing ceremony, which would effectively end six months of intense negotiations on the use of the pip...

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Nabucco could supply up to 5-10% of the EU's gas demand, the European Commission says (Photo: eastpole)

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