Nabucco agreement can be signed; the only problem is project implementation

PanARMENIAN.Net - Even if Nabucco agreement is signed in Istanbul on June 26, project implementation will remain a questionable issue, political scientist Alexander Iskandayan, Director of Caucasus Institute, told a correspondent of PanARMENIAN.Net "There were political rather than economic motives lying behind Nabucco project. All that requires financial means while the world is currently facing financial crisis. The whole issue is whether the project will be realized at all," Iskandaryan stressed.



With regard to Armenia's possible involvement in the project, Iskandaryan found such prospect beyond imagination. "Personally I can't imagine Armenia and Azerbaijan involved in the same project. It's simply hard to imagine that a gas pipeline passing through Armenia extends from Azerbaijan or it starts from Azerbaijan, and then, passing through Georgia, goes to Armenia and Europe," Armenian political scientist noted.



Nabucco agreement is to be signed on June 26, in Istanbul. The pipeline with a total length of 3300 km. will deliver gas from the Caspian region to Austria (passing via Turkey), Bulgaria, Romania and Hungary (passing over Russia). The pipeline can ensure energy security for Europe, which is now dependent upon the Russian gas.