Capacity of Nabucco West to exceed 20 billion cubic metres per year

The capacity of the Nabucco West pipeline will exceed 20 billion cubic meters per year, Trend reports, with reference to Nabucco Gas Pipeline International GmbH Managing Director Reinhard Mitschek.

"First, the Consortium will make an open season for gas traders to book capacity in order to determine the intake and off-take points and then there will be a technical fine-tuning of the project, but its capacity will definitely be more than 20 bcm, even if the initial capacity is 10-16 bcm per year," Mitschek said during a conference call on Wednesday.

According to Mitschek, the pipeline's new capacity will mean lower investment costs and lower equity payments from shareholders, including the Bulgarian Energy Holding.