Published on Tuesday 6th October 2009
Some eight billion cubic metres of gas is expected to be retrieved from Azerbaijan by 2016, in recent oil and gas recruitment news.
As part of the Nabucco project, the country said it anticipates such yields through the pipeline between 2015 and 2016.
Furthermore, it is expected that some 7.3 billion cubic metres of gas will be transported to Romania through the pipeline out of the anticipated 31 billion cubic metres of gas to be produced every year.
The first gas is to flow through the channel from Iraq, theNabucco consortium announced recently.
Managing director Reinhard Mitschek commented: "We believe that we will start up in 2014 and that the gas will be ready from Iraq."
He added that by 2016 the pipeline will deliver 16 cubic metres of gas.
The Nabucco project consists of a new line connecting the Caspian region, the Middle East and Egypt via Turkey, Bulgaria, Romania with Austria, as well as reaching western European markets.
It is approximately 3,300 kilometres in length and the first construction phase is set to being in 2011.
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