EC funding a shot in the arm for Nabucco

  • EC funding a shot in the arm for Nabucco

    EC funding a shot in the arm for Nabucco

    Monday, 30th March 2009
    The European Union has finally signaled its willingness to finance Nabucco; the proposed gas pipeline linking the Caspian Basin with Europe via Turkey. At a summit in Brussels on the weekend, leaders gave final approval to a 200 million finance package intended to kick-start the controversial project.