Financial Post. The conversation in this town of 3,500 in the Western Arctic should be about aboriginal self-sufficiency, environmentally responsible Northern development and a new clean-energy storehouse with immense potential. After all, the proposed $16.2-billion Mackenzie Valley natural-gas pipeline project was supposed to be under construction by now. Instead, the talk is about the regulatory bungling, federal government inaction and fading industry interest in what would be one of Canada’s largest infrastructure projects. * Iranian News. Nabucco Pipeline (wikipedia). The main source of Nabucco’s supply will be the second stage of the Shah Deniz gas field in Azerbaijan, coming on-stream in 2013. Turkmenistan would provide for Nabucco 10 bcm of gas annually. The natural gas could be transported through Iran. In the long term, Kazakhstan may become a supplier providing natural gas from the Northern Caspian reserves through planned Trans-Caspian Gas Pipeline. Egypt could provide 3�5 bcm of natural gas through the Arab Gas Pipeline. Also Iraqi gas would be imported via the Arab Gas Pipeline from the Ekas field. Iran has also proposed to supply gas to Nabucco pipeline and this was backed by Turkey; however, due the political conditions this is rejected by the EU and the United States.
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