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Reuters reports that European Union is pushing for a strategic merger of two gas pipeline projects, Nabucco and smaller Italian rival ITGI.
Reuters reports that European Union is pushing for a strategic merger of two gas pipeline projects, Nabucco and smaller Italian rival ITGI.
The market news is quoted as saying:
The EU’s main means of diversifying its suppliers is by tapping into the Caspian region’s massive gas fields, initially in Azerbaijan.