Visit of Jozias van Aartsen, Coordinator of the Nabucco gas pipeline project, to Andris Piebalgs, and press briefing (extracts)

Type: Report   Reference: I-055766   Duration: 10:11:00  Lieu:
End production: 22/11/2007   First transmission: 22/11/2007
Andris Piebalgs, Member of the EC in charge of Energy, received Jozias van Aartsen, Coordinator of the Nabucco gas pipeline project, to see the latest developments in relation with the gas pipeline project. They both consider that it is feasible and really important from a strategic point of view. In a press conference after the meeting, they underlined some positive developments. For Andris Piebalgs, it is important that they have received a notification from the Austrian regulator about article 22 exemption for Nabucco pipeline. Jozias van Aartsen said that the four countries of the EU are now really engaged in the project and the gas companies as the Austrian OMV are very positive about the possibility of financing the scheme. The 3,300 km Nabucco pipeline is being built to link the Caspian Sea with Europe, reducing the EU's dependence on Russian energy supplies.

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TIME DESCRIPTION DURATION
10:07:23 Title 00:00:04
10:07:28 Exterior view of the European Commission 00:00:06
10:07:34 General view of the meeting between Jozias van Aartsen, Coordinator of the Nabucco gas pipeline project, and Andris Piebalgs, Member of the EC in charge of Energy (6 shots) 00:00:41
10:08:15 Arrival of Andris Piebalgs and Jozias van Aartsen in the press conference room 00:00:07
10:08:22 Andris Piebalgs (in ENGLISH) on Gazprom accusations; saying that the truth is that today gas prices are indexed by formula with oil prices; so when there is a jump in oil prices, it comes back in the gas prices; that is the only reason for announcing increased prices for gas and it has nothing to do with the Commission's proposal; to the question "how could we get different gas prices?", the answer is very simple: by getting diversified sources of supply; for this reason Nabucco is a real necessity, for security of supply and also for competitiveness 00:00:45
10:09:07 Cutaway 00:00:07
10:09:14 Andris Piebalgs (in ENGLISH) saying that there has been a good development: they have received a notification from the Austrian regulator about article 22 exemption for Nabucco pipeline 00:00:22
10:09:36 Cutaway 00:00:07
10:09:43 Jozias van Aartsen (in ENGLISH) saying that all the four countries on the EU side (Austria, Hungary, Bulgaria and Romania) are glued to the project again and are really involved and do see the project as a priority for their countries; and the same comes for the gas companies involved from the four countries 00:00:22
10:10:05 Cutaway 00:00:05
10:10:10 Jozias van Aartsen (in ENGLISH) saying that OMV, the Austria gas company wich is the leading company, is very positive about the possibilities of financing; but he will discuss with them and will discuss further with the international financial institutions the way they can help the Nabucco project and probably other projects of importance in the Southern corridor for the EU as well 00:00:29
10:10:39 Cutaway 00:00:06
10:10:45 Andris Piebalgs (in ENGLISH) saying that the gas is there and it would be wrong not to address the issue saying there is no gas; there is gas, it is an extremely rich area 00:00:15
10:11:00 Cutaways (2 shots) 00:00:14
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