Nabucco Gas Pipeline International GmbH
Encyclopedia
Nabucco Gas Pipeline International GmbH is a Vienna
-registered company for the Nabucco pipeline
project. The managing director of the company is Reinhardt Mitschek.
Each of the shareholders hold 16.67% of the shares.
French
company Gaz de France
was also interested to get a stake in the pipeline, but was rejected by Turkey
. The Polish gas company PGNiG plans to join the project. In the future, the consortium intends to also include the State Oil Company of Azerbaijan Republic (SOCAR); however, SOCAR has identified a number of problems with its participation. Kazakhstan
has also indicated its readiness to join the project.
Vienna
Vienna is the capital and largest city of the Republic of Austria and one of the nine states of Austria. Vienna is Austria's primary city, with a population of about 1.723 million , and is by far the largest city in Austria, as well as its cultural, economic, and political centre...
-registered company for the Nabucco pipeline
Nabucco Pipeline
The Nabucco pipeline is a proposed natural gas pipeline from Erzurum in Turkey to Baumgarten an der March in Austria diversifying natural gas suppliers and delivery routes for Europe. The pipeline attempts to lessen European dependence on Russian energy...
project. The managing director of the company is Reinhardt Mitschek.
Shareholders
The shareholders of the company are:- OMVOMVOMV is Austria's largest oil-producing, refining and gas station operating company with important activities in other Central European countries...
(AustriaAustriaAustria , officially the Republic of Austria , is a landlocked country of roughly 8.4 million people in Central Europe. It is bordered by the Czech Republic and Germany to the north, Slovakia and Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the...
) - MOL (HungaryHungaryHungary , officially the Republic of Hungary , is a landlocked country in Central Europe. It is situated in the Carpathian Basin and is bordered by Slovakia to the north, Ukraine and Romania to the east, Serbia and Croatia to the south, Slovenia to the southwest and Austria to the west. The...
) - TransgazTransgazTransgaz , is a state-owned company, which is the technical operator of the national natural gas transmission system in Romania. The company handled in 2006 a quantity of 15.85 billion m³ of natural gas....
(RomaniaRomaniaRomania is a country located at the crossroads of Central and Southeastern Europe, on the Lower Danube, within and outside the Carpathian arch, bordering on the Black Sea...
) - BulgargazBulgargazBulgargaz is a Bulgarian natural gas distributing company, the largest in the country. It is a subsidiary of Bulgarian Energy Holding EAD. The holding company was established on 18 September 2008 and Bulgargaz became its daughter company. In November 2009, the Bulgarian Government decided to list...
(BulgariaBulgariaBulgaria , officially the Republic of Bulgaria , is a parliamentary democracy within a unitary constitutional republic in Southeast Europe. The country borders Romania to the north, Serbia and Macedonia to the west, Greece and Turkey to the south, as well as the Black Sea to the east...
) - BOTAŞBOTASBOTAŞ Petroleum Pipeline Corporation is the state-owned crude oil and natural gas pipelines and trading company in Turkey. The company was established in 1974 as a subsidiary of Türkiye Petrolleri Anonim Ortaklığı...
(TurkeyTurkeyTurkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...
) - RWERWERWE AG , is a German electric power and natural gas public utility company based in Essen. Through its various subsidiaries, the energy company contributes electricity and gas to more than 20 million electricity customers and 10 million gas customers, principally in Europe...
(GermanyGermanyGermany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
)
Each of the shareholders hold 16.67% of the shares.
French
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
company Gaz de France
Gaz de France
Gaz de France was a French company which produced, transported and sold natural gas around the world, especially in France, its main market. The company was also particularly active in Belgium, the United Kingdom, Germany, and other European countries. Through its part-owned Belgian subsidiary SPE...
was also interested to get a stake in the pipeline, but was rejected by Turkey
Turkey
Turkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...
. The Polish gas company PGNiG plans to join the project. In the future, the consortium intends to also include the State Oil Company of Azerbaijan Republic (SOCAR); however, SOCAR has identified a number of problems with its participation. Kazakhstan
Kazakhstan
Kazakhstan , officially the Republic of Kazakhstan, is a transcontinental country in Central Asia and Eastern Europe. Ranked as the ninth largest country in the world, it is also the world's largest landlocked country; its territory of is greater than Western Europe...
has also indicated its readiness to join the project.