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EU backs liquefied natural gas link, but push for project may be too soon

The EU supports Romania, Georgia and Azerbaijanís new pioneering liquefied natural gas (LNG) interconnector AGRI - but analysts fear a strong push for the project in the short term could subvert the priority of alternative Nabucco Report by Michael Bird

November 2010 - From the Print Edition

At the European Commission level, the EU has confirmed its support for Romania, Azerbaijan and Georgiaís proposed liquefied natural gas (LNG) interconnector (AGRI), but the public launch of the project may be premature.
The AGRI plan is a rival element to a unified EU energy policy which is trying to hasten the development of the Nabucco pipeline - an eight billion Euro link between central Asia via Turkey to the EU which reduces the EUís dependence on Russian gas.
In addition, financi...

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