OMV: Nabucco West Not Selected for Azeri Gas Transport

The Shah Deniz II consortium informed OMV, as a shareholder of NABUCCO Gas Pipeline International Gmbh (NGPI), about the decision on their preferred gas transportation route to Europe. The Nabucco West project was not selected by the consortium.

While OMV accepts the decision of the consortium, OMV is of the opinion that the offer which was submitted by NGPI met all the selection criteria and was highly competitive, OMV said in a statement.

OMV intends to play a role in further securing and diversifying the gas supply to Europe and will assess alternatives to complement the existing supply routes, the company added.