The six-member Nabucco Gas Pipeline consortium said Friday that it has launched a prequalification tender to procure long-lead items, such as pipe and valves, needed for construction. The package is valued at ?3.5 billion ($4.7 billion); the prequalification deadline is May 17. No final investment decision has yet been taken, and doubts remain as to if or when the 3,300 km Nabucco scheme — or rival pro- jects such as ITGI, TAP or South Stream to deliver Caspian gas to Europe — will be built (IOD Mar.26,p8). Nabucco managing director Reinhard Mitschek said: “Prequalification for long-lead items is a substantial step towards starting construction at the end of 2011.”
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