(EnergyAsia, August 23) — GAIL (India) Limited said it is “likely” to buy an equity stake in the proposed Rs250 billion, 3,300 km pipeline Nabucco natural gas pipeline project. (US$1=Rs45). This transnational pipeline runs from the Caspian Sea to Central Europe. Nabucco has agreed to evaluate GAIL’s proposed participation. The Indian company said it…
INDIA: GAIL keen to invest in the Nabucco natural gas pipeline
Posted on August 23, 2005 by EnergyAsia