Shah Deniz gas to be transported by Trans Adriatic Pipeline
The Nabucco project has failed to be chosen to transport Caspian gas to Europe
With the words "the Nabucco project is over for us", OMV chief executive Gerhard Roiss finally brought the curtain down on the increasingly unloved EU project to bring Caspian gas direct into the heart of Europe. Instead, the consortium developing Azerbaijan's giant Shah Deniz field chose the Trans Adriatic Pipeline (TAP) to transport 10 billion cubic metres of Azeribaijan's gas a year from the Turkish border to EU markets. The Shah Deniz II consortium, led by BP and Azerbaijan's Socar, announced the award in Baku on 28 June. The Austrian energy group OMV, which has been pushing for the Nabucco project for more than a decade, issued a statement two days earlier, acknowledging its proposal ha
Also in this section
18 February 2026
With Texas LNG approaching financial close, Alaska LNG advancing towards a phased buildout and Magnolia LNG positioned for future optionality, Glenfarne CEO Brendan Duval says the coming year will demonstrate how the company’s more focused, owner-operator approach is reshaping LNG infrastructure development in the North America
18 February 2026
The global gas industry is no longer on the backfoot, hesitantly justifying the value of its product, but has greater confidence in gas remaining a core part of the global energy mix for decades
18 February 2026
With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia,
tells Petroleum Economist
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”






