Azernews.Az

Qatar, which is flush with hydrocarbon reserves, will supply gas for the Nabucco pipeline that will run to Europe through Turkey bypassing Russia, Turkish media reported.
Turkey and the resource-rich Gulf state have reportedly reached a verbal agreement on building a pipeline to link the two countries.
Qatar holds the world`s third-largest gas reserves, which are estimated at over 8.5 trillion cubic meters.
The 3,300-kilometer Nabucco pipeline, which will run from eastern Turkey to the Austrian capital Vienna, is expected to come online in 2014. Azerbaijan, Iraq and Egypt will become the main suppliers for Nabucco, which will carry 31 billion cubic meters of gas annually, when fully operational. Turkmenistan, Kazakhstan, Uzbekistan and Iran are considered potential suppliers as well.
The Emir of Qatar, Sheikh Hamad bin Khalifa al-Thani, who visited Turkey last week, said in a meeting with Prime Minister Recep Tayyip Erdogan that both countries were interested in implementing the project, affirming Qatar`s approval of constructing the gas pipeline.
Qatar`s gas has to be transported to Turkey over a distance of 2,300 kilometers. The pipeline is to be routed onshore through Saudi Arabia, Kuwait and Iraq.
In conclusion of the meetings held during the emir`s visit, an agreement was signed on Qatar`s selling 4 billion cubic meters of liquefied gas to Turkey at the current stage. The fuel will be transported by tankers.