The European Bank for Reconstruction and Development (EBRD) said today that it will conclude studies of the Nabucco West project and decide on the loan volume for the pipeline after the Shah Deniz Consortium chooses a route of the Southern Gas Corridor, Trend reports.
Shareholders of the project will invest 30% of the total sum. According to EBRD evaluations, the project is worth about €4.3 billion. €1 billion of the sum will be paid by the EBRD, EIB and the IFC.
Nabucco West will be a 1300-kilometer pipeline (412km running through Bulgaria, 469km through Romania, 384km through Hungary, 47km through Austria) running from the Turkish-Bulgarian border to Baumgarten (Austria). It will transport gas extracted in the second stage of the Shah Deniz Field. OMV (Austria), FGSZ (Hungary), Bulgargaz (Bulgaria), Transgaz (Romania), Botas (Turkey) and RWE (Germany) are the shares of the project.
The final choice of route will be made in June 2013.
![November 2025 in photos: New Year at GUM, the "City of Living Stories," and autumn scenes](https://en.vestikavkaza.ru/upload2/s400xfull/2025-12-02/1764706769692f49d1538777.83780174.webp "November 2025 in photos: New Year at GUM, the "City of Living Stories," and autumn scenes")
!["City of Living Stories" Museum commemorating 1941 Parade starts on Red Square](https://en.vestikavkaza.ru/upload2/s400xfull/2025-11-11/1762891681691397a1526b44.05389807.webp ""City of Living Stories" Museum commemorating 1941 Parade starts on Red Square")
