Nabucco approved by cabinet
The cabinet has approved an agreement between Bulgaria and the international Nabucco consortium for the gas pipeline project. It has now gone to Parliament for ratification.
The agreement is to establish a favourable regulatory framework for the construction of the pipe on Bulgarian territory.
Nabucco is part of the EU's southern gas corridor – building a pipeline to deliver gas from the Middle East, Caspian and Central Asia through Turkey and on to Central Europe.