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| Version 3 | Version 4 |
|---|---|
| Europe gas pipeline deal agreed | Europe gas pipeline deal agreed |
| (about 4 hours later) | |
| Four European Union countries and Turkey have signed an agreement to construct the long-planned 3,300km Nabucco natural gas pipeline. | Four European Union countries and Turkey have signed an agreement to construct the long-planned 3,300km Nabucco natural gas pipeline. |
| Once completed, the line will bring up to 31 billion cubic metres of gas a year from the Caspian and the Middle East across Turkey and into Europe. | Once completed, the line will bring up to 31 billion cubic metres of gas a year from the Caspian and the Middle East across Turkey and into Europe. |
| It will give an important alternative energy supply to Russia, which already meets 30% of Europe's gas needs. | It will give an important alternative energy supply to Russia, which already meets 30% of Europe's gas needs. |
| But much still remains to be agreed on, not least where the gas will come from. | But much still remains to be agreed on, not least where the gas will come from. |
| Turkey's Prime Minister Recep Tayyip Erdogan said deal was an "historic moment". | Turkey's Prime Minister Recep Tayyip Erdogan said deal was an "historic moment". |
| Long-running project | Long-running project |
| The five countries - Turkey, Romania, Bulgaria, Hungary and Austria - have been working on the Nabucco project with the European Commission for seven years now. | The five countries - Turkey, Romania, Bulgaria, Hungary and Austria - have been working on the Nabucco project with the European Commission for seven years now. |
| See Nabucco's planned route | See Nabucco's planned route |
| But Monday's decision to sign the deal has still come as a surprise, said the BBC's David O'Byrne in Ankara. | But Monday's decision to sign the deal has still come as a surprise, said the BBC's David O'Byrne in Ankara. |
| He said that Turkey and the European Commission were still at loggerheads over how much gas Turkey would be able to take from the pipeline. | He said that Turkey and the European Commission were still at loggerheads over how much gas Turkey would be able to take from the pipeline. |
| Our correspondent also said that it remained uncertain which countries would supply gas to the Nabucco scheme. | Our correspondent also said that it remained uncertain which countries would supply gas to the Nabucco scheme. |
| Following the signing, Mr Erdogan said that the legal framework for the construction of the pipeline would now be agreed within six months. | Following the signing, Mr Erdogan said that the legal framework for the construction of the pipeline would now be agreed within six months. |
| "The more steps we take [on realising the project], the more the interest of supplier countries will grow," he said. | "The more steps we take [on realising the project], the more the interest of supplier countries will grow," he said. |
| Supply issues | Supply issues |
| Azerbaijan will be the main source of Nabucco's gas when the pipeline is opened, due by 2014. | Azerbaijan will be the main source of Nabucco's gas when the pipeline is opened, due by 2014. |
| However, two weeks ago, the country agreed to sell some of its gas to Russia, a move many understood as a warning to the Nabucco partners to sort out their differences or look elsewhere. | However, two weeks ago, the country agreed to sell some of its gas to Russia, a move many understood as a warning to the Nabucco partners to sort out their differences or look elsewhere. |
| Iran, Iraq, Kazakhstan, Turkmenistan and Egypt are all considered potential suppliers to Nabucco in the longer term. | Iran, Iraq, Kazakhstan, Turkmenistan and Egypt are all considered potential suppliers to Nabucco in the longer term. |
| Meanwhile, Russia is planning two of its own new gas pipelines to Europe, the Nord Stream, which will run direct from Russia to Germany under the Baltic Sea, and the South Stream, which will run from southern Russia under the Black Sea to Bulgaria. | Meanwhile, Russia is planning two of its own new gas pipelines to Europe, the Nord Stream, which will run direct from Russia to Germany under the Baltic Sea, and the South Stream, which will run from southern Russia under the Black Sea to Bulgaria. |
| European Union states are keen to reduce their dependence upon Russian gas following cuts to their supplies in recent winters. | |
| The disruptions have been caused by Russia cutting supplies to Ukraine following a number of disputes over how much Ukraine must pay for its gas. | |
| This has had a knock-on impact on suppliers to western Europe, as most of the pipelines from Russia currently run through Ukraine. | |
| Return to top | Return to top |
| Are you in any of the countries linked to the gas pipeline deal? How effective will it be? Will it reduce those countries' dependence on Russia for their natural gas supply? Send us your comments using the form below. | Are you in any of the countries linked to the gas pipeline deal? How effective will it be? Will it reduce those countries' dependence on Russia for their natural gas supply? Send us your comments using the form below. |
| The BBC may edit your comments and not all emails will be published. Your comments may be published on any BBC media worldwide. Terms & Conditions | The BBC may edit your comments and not all emails will be published. Your comments may be published on any BBC media worldwide. Terms & Conditions |