Nabucco could be postponed to 2011

Lianna Brinded
04 Aug 2010

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The final decision to build the Nabucco pipeline, the proposed natural gas pipeline from Erzurum in Turkey to Baumgarten an der March in Austria, maybe postponed until 2011, amid a range of undisclosed issues that are out of the project partners' control.

"We still plan to make the investment decision by the end of this year, but for reasons out of our hands it could also happen in the first quarter of 2011," said Wolfgang Ruttenstorfer, chief executive of oil & gas corporation OMV on a

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