ECONOMY
BOSNIA EYES NABUCCO GAS
Baku, August 21 (AZERTAC). Bosnian gas distributor BH-Gas has asked Turkey`s Botas to help it connect to the planned Nabucco and TAP pipelines in an effort to diversify its gas supplies.
Botas is a member of the Nabucco consortium.
BH-Gas receives over 300 million cubic meters of gas annually from Russia via neighboring Serbia.
The Nabucco gas pipeline project is worth 7.9 billion euro. Participants are the Austrian OMV, Hungarian MOL, Bulgarian Bulgargaz, Romanian Transgaz, Turkish Botas and German RWE. Each participant has an equal 16.67-percent share. Construction is planned to launch in 2011, with first supplies commencing in 2014.
Bosnia can also receive gas through the Trans Adriatic Pipeline, which is one of several options aimed at supplying Caspian gas to Europe.
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