Post on 03-Feb-2022
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NABUCCO Gas PipelineBest Pipeline Solution for SEE and for whole Europe
NABUCCO Gas Pipeline International GmbH
Reinhard Mitschek, CEO
Gas bridge from Asia to Europewww.nabucco-pipeline.com
• Interconnectivity: NABUCCO connects Central Asia, Turkey and the national grids of the entire Southern Corridor with the European gas market
• European: NABUCCO‘s headquarter is in Vienna, taxed entirly in the EU with its route through EU-Member Statesand with its Shareholders from EU-Member States
• Third Party Access: NABUCCO offers 50% of the transport capacity to third parties. No other project offers Third Party Access
NABUCCO – Europe´s flagship project of the South East European Gas Corridor
• Diversification: NABUCCO provides a gas transport volume of 10 to 23 bcm/a. This will enhance considerably the liquidity of the SEE markets and trigger further economic growth.
• Market Competitiveness: NABUCCO reaches the highest number of shippers, industrial users, power plant operators and wholesalers, ensuring highly competitive and transparent terms and conditions
• Nabucco will boost the supply and labour market of the whole SEE region
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Gas bridge from Asia to Europewww.nabucco-pipeline.com
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NABUCCO - Contribution to the SECURITY of ENERGY SUPPLY
ErzurumANKARA
BUCHAREST
SOFIA
VIENNA
Baumgarten
Istanbul
TANAP
SCP
NABUCCOWEST
Shah Deniz II
BUDAPEST
Baumgarten
Baku
Gas bridge from Asia to Europewww.nabucco-pipeline.com
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Combination of existing pipeline connections and
existing consolidated gas hubs
New/growing gas markets
Existing interconnections in SEE/CEE
Potential new interconnections in SEE/CEE
NABUCCO - Logistics solutions for 500 million custom ers in Europe
• NABUCCO connects national grids in transit countries
• NABUCCO provides alternative gas supply to all countries in SEE
• NABUCCO is connected to all important gas hubs in Europe via the Central European Gas Hub
• NABUCCO combines physical transports and gas swap opportunities
France
Italy
Greece
Germany Poland
Gas bridge from Asia to Europewww.nabucco-pipeline.com
NABUCCO – Market Access (2030 Forecast)
NABUCCO TRANSIT MARKETS: 43 bcma
Plus NEIGHBOURING MARKETS: accum. 246 bcma
Plus EXTENDED MARKETS: accum. 315 bcma
Germany
France
Poland
WesternBalkan
Italy
Greece
43 bcma
246 bcma
315 bcma
5 Source:Eurogas
Gas bridge from Asia to Europewww.nabucco-pipeline.com
NABUCCO – A scalable and flexible transport solution
� Pipeline Diameter: 56“� Distance: 3,300 km� Investment: ~ 5 bill. €� Transport capacity:
max. 31 bcmy Caspian regionAzerbaijan,
Turkmenistan
Caspian regionAzerbaijan,
Turkmenistan
BaumgartenBaumgarten
TANAP
NABUCCO
Nabucco will serve as a 1327 km long market place with flexible and transparent business opportunitiesNabucco will serve as a 1327 km long market place with flexible and transparent business opportunities
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Gas bridge from Asia to Europewww.nabucco-pipeline.com
Intensified cooperation – NABUCCO/TANAP
• Intensified cooperation: TANAP- NABUCCO
• A NABUCCO-TANAP Memorandum of Understanding was signed on 5 March
• NIC formally offered the Turkish engineering package to TANAP on 8 March
• NIC started negotiations with TANAP on an interconnection point agreement and the investment of a common metering station at the Turkish / Bulgarian border
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Gas bridge from Asia to Europewww.nabucco-pipeline.com
UKRAINE
SERBIA
MOLDOVA
TURKEYMACEDONIA
GREECE
CROATIA
SLOVENIA
ITALY
SWITZ.
GERMANY
SLOVAKIA
CZECH REPUBLIC
BOSNIA ANDHERZEGOVINA
ALBANIA
MONTE-NEGRO
POLAND
Bucharest
AUSTRIAHUNGARY
ROMANIA
BULGARIA
Budapest
Vienna
Sofia
Baumgarten
2.7bcm
6.1bcm
7.1bcm
0.5bcm
Transit Country
Withdrawal (mmcm)
Injection (mmcm)
Total (bcm)
Austria 80.25 65.7 7.1
Hungary 79 44.7 6.1
Romania 2.27 2.27 2.7
Bulgaria 3.3 3 0.5
KOSOVO
Source: http://www.gie.eu.com/download/maps/GSE_STOR_MAY2012.pdf
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NABUCCO enables the link to substantial storage cap acity
Gas bridge from Asia to Europewww.nabucco-pipeline.com
NABUCCO offers gas to all SEE countries
Existing direct links Existing direct links
Possible InterconnectorsPossible Interconnectors
Source: ENTSOG
ITALY
GERMANY
CZECHREPUBLIC
POLAND
SLOVAKIA
AUSTRIA
SLOVENIA
CROATIA
HERZEGOVINABOSNIA AND
SERBIA
MONTE-NEGRO
ROMANIA
UKRAINE
Bucharest
HUNGARY
Budapest
Baumgarten
Vienna
BULGARIA
Sofia
MACEDONIA
ALBANIA
GREECE
TURKEY
MOLDOVA
KOSOVO
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Gas bridge from Asia to Europewww.nabucco-pipeline.com
Existing direct links Existing direct links
Possible InterconnectorsPossible Interconnectors
Source: ENTSOG
ITALY
GERMANY
CZECHREPUBLIC
POLAND
SLOVAKIA
AUSTRIA
SLOVENIA
CROATIA
HERZEGOVINABOSNIA AND
SERBIA
MONTE-NEGRO
ROMANIA
UKRAINE
Bucharest
HUNGARY
Budapest
Baumgarten
Vienna
BULGARIA
Sofia
MACEDONIA
ALBANIA
GREECE
TURKEY
MOLDOVA
KOSOVO
Gas supply from Russia (as % of total consumption)
Imports from Russia (% of total consumption)Imports from Russia (% of total consumption)
27%27%
52%52%
37%37%100%100%
49%49%
87%87% 27%27%
92%92%
100%100%76%76%
60%60%
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as % of total imports = 100%
as % of total imports = 100%
Gas bridge from Asia to Europewww.nabucco-pipeline.com
Pan-European Shareholding Structure
• On 28 May 2013, GDF Suez concluded a Share Purchase Agreement with OMV with the intent of joining Nabucco as a shareholder.
• The industry expertise of GDF Suez as the operator of the largest gas transport network in Europe and their status as the second-largest buyer of natural gas in Europe are of advantage to the project.
• GDF Suez is already very active in the NABUCCO countries, with downstream services in SEE.
• NABUCCO shareholders include major European energy companies: OMV (Austria), FGSZ (Hungary), Transgaz (Romania), and BEH (Bulgaria) as well as Turkish partner BOTAS
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Gas bridge from Asia to Europewww.nabucco-pipeline.com
Achievements in the recent months
• Cooperation Agreement and Equity Option and Funding Agreement signed on 18 January 2013
• MoU signed with TANAP in March 2013
• Pipeline Decision Support Package successfully submitted to ShahDeniz in April 2013
• Shareholders Agreement between the existing shareholders and thepotential new shareholders from Shah Deniz (Socar, BP, Statoil and Total) concluded in May 2013
• Share Purchase Agreement signed with GDF Suez in May 2013
• Open Season information and registration phase started on 2 May 2013
• Mayor milestones of front end engineering achieved according to the project schedule
• EIA approvals achieved in Hungary and in Bulgaria / public hearings held in Romania
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Gas bridge from Asia to Europewww.nabucco-pipeline.com
Next steps on the way to the Final Investment Decis ion
• Route selection decision by Shah Deniz II Consortium
• Execution of the Open Season
• Completion of Front End Engineering Design for NABUCCO West
• Accession Process of GDF Suez and the Shah Deniz Potential Investors (SD PIs)
• Final Investment Decision NABUCCO West and Shah Deniz II
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Gas bridge from Asia to Europewww.nabucco-pipeline.com
NABUCCO Gas Pipeline International GmbH
Floridsdorfer Hauptstrasse 11210 Vienna, Austria
Communication & Public AffairsTel +43 1 27777-240Fax +43 1 27777-5240requests@nabucco-pipeline.comwww.nabucco-pipeline.com
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