November 29, 2008 - 14:32 AMT
Nabucco project in doubt
The recent political and economic developments in the region have diminished the chances for Nabucco project, lobbied by the EU and U.S.

"Tajikistan, one of the key participants of the project along with Azerbaijan, doesn't seem interested in it. Furthermore, Russia's offer to buy Tajik gas at commercial price has alienated Ashkhabad from the western brainchild. At that, Tajikistan has already launched gas expert to Iran, China and Russia," said Chingiz Ismaylov, head of Baku-based regional development center.

The major political factor against Nabucco is the strengthening of Russia's positions in the South Caucasus, according to him, 1news.az reports.