OMV says the consortium it was leading in a bid to run gas from the Shah Deniz II field in Azerbaijan has failed to secure the deal.
The Nabucco West consortium, formed more than a decade ago by OMV, Bulgarian energy holdings, Transgaz, GFSZ and Turkish energy arm Botas, had been bidding to build the pipeline to bring gas from the Azeri field to Europe.
But OMV confirmed today it had missed on on the bid for the pipeline. It had been competing with the Trans Adriatic Pipeline – a project bringing together Statoil, E.OH and AXPO.
“The Nabucco West project was not selected by the consortium,” the company said in a statement.
“While OMV accepts the decision of the consortium, OMV is of the opinion that the offer which was submitted by NGPI met all the selection criteria and was highly competitive.”
The bids were looking to carry 10billion cubic metres of gas a year from the Caspian Sea to markets in Turkey and Europe.
OMV said it would now look at alternative routes to compliment the existing supply routes, adding:”A lot of highly valuable work and goodwill has been put into this project which will pay off in future.”