Ukraine may join Nabucco pipeline, by-passing Russia
Wed, 28 February 2007
UKRAINE’S prime minister said recently that his government is considering bidding for a contract for the construction of a trans-Caspian pipeline to pump Central Asian natural gas to Europe, by-passing Russia. Speaking in Ankara, Viktor Yanukovych said: “We will be actively involved in oil and gas projects wherever Ukraine’s bids win. We will use our capacities and take part in projects like Nabucco.”
Ukrainian experts are now understood to be exploring the possibility of linking the Ukrainian pipeline system to the 3,400-km Nabucco route, which runs through Turkey, Bulgaria, Romania, Hungary, and Austria, the construction of which will begin in 2008, so that it can go on-stream in 2011. The European Commission and the energy ministries of the countries crossed by Nabucco approved the $5.8-bn project in June last year.
Both Ukraine and the European Union hope the alternative pipeline will help them diversify supply routes away from Russia and thus boost their energy security.