Nabucco in Talks With OECD ECAs to Finance $10.3 Billion Pipeline

(Bloomberg, Baku, Azerbaijan, 15 September 2010) The Nabucco gas pipeline venture had its first round of talks with export credit companies to secure financing for the 7.9 billion-euro ($10.3 billion) link to ship fuel from the Caspian Sea to Europe. Nabucco talked to “a long listâ€ including Euler Hermes, Coface SA, OeKB, JIBC and the US Export-Import Bank, Reinhard Mitschek, managing director of Nabucco Gas Pipeline International GmbH, said today in an interview in Baku, Azerbaijan.