Although Nabucco is faced with the problem of securing a resource base, while South Stream is not, both pipelines are confronted with the current situation on European gas markets. Demand has still not returned to pre-crisis levels and pipeline gas from long term contracts (LTC) is facing serious competition from cheaper gas, including LNG, sold on spot markets.

Dear colleagues, let me present to you the results of the expert discussion on the realization of Nabucco.

Last autumn Joint Eurasian Expert Network (JEEN) conducted the survey among experts on Nabucco project. Experts from Europe, Russia and the CIS countries took part in the survey and submitted their views on the issues that we believed to be the most relevant in connection with project Nabucco...

Network of JEEN presents the results of the expert consultation on the project Nabucco. On the basis of expert survey was formed the analytical report on the prospects of the project Nabucco. Experts were asked to respond to 7 questions, which, in our opinion, are today the most relevant in connection with the project Nabucco.