Should the Nabucco pipeline project be shelved?
Nabucco - a pipeline to bring Caspian and perhaps Middle Eastern gas to Europe - is the flagship project of the EU's fledgling energy diplomacy. Nabucco would add to the EU's energy security, strengthen its neighbourhood policies and improve relations with Turkey. Since these benefits do not accrue to the companies that want to build the pipeline, Nabucco warrants more public support. But the EU also needs to admit that its power to secure gas supplies from Azerbaijan, Iraq and Turkmenistan is limited.
Copyright is held by the Centre for European Reform. You may not copy, reproduce, republish or circulate in any way the content from this publication except for your own personal and non-commercial use. Any other use requires the prior written permission of the Centre for European Reform.