OMV brings action for Nabucco failure

OMV has brought an action to the arbitration court of the World Bank against Turkey and its prime minister Ahmet Davutoglu, intending to compensate its losses as a result of the failure of the Nabucco gas pipeline project, Trend reports. 

The plaintiffs contend that Ankara is guilty, as it supported the initial phase of Nabucco, but in the end it chose the alternative Russian ‘Turkish Stream'.