BP confirms its Nabucco pipeline project to import natural gas from Azerbaijan to Europe will...

|About: BP p.l.c. (BP)|By:, SA News Editor
BP confirms its Nabucco pipeline project to import natural gas from Azerbaijan to Europe will take on a far more limited scope and reach only Europe's border with Turkey. The decision appears to mark the end of a key strategic initiative that had political backing from the EU and U.S. to reduce Russian dominance over European gas supplies.