NABUCCO has vague prospects

Werner Auli, head of the natural gas department of the Austrian-based oil and gas concern OMV, has stated that the NABUCCO project might not come to fruition if it becomes clear that there is insufficient demand for its gas. "We are a commercial company, not a state institution, and if there is no demand we will not construct the pipeline," stated Auli.

OMV is one of the NABUCCO partners. Auli stated that once and for all the West should decide whether it needs this project. He added that if the project receives gas from Azerbaijan and Iraq it will be economically viable, but it will cost approximately Euro 8 billion or even more.