Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Gunther Oettinger, on the failure of Nabucco West:...

Gunther Oettinger, on the failure of Nabucco West: The decision was based on commercial deliberations, to put it bluntly: money talks / The European Commission remains neutral in this kind of situations and treats all investors the same

July 2, 2013

European Commissioner for Energy Gunther Oettinger said in an interview for HotNews.ro that the failure of Nabucco West in the competition for the Azeri natural gas was "a commercial decision" of the Azerbaijani consortium. "To put it bluntly: money talks", declared Oettinger, explaining why Azerbaidjan was more attracted by the winning bid of the TAP project. Asked if the decision of the Azerbaijani consortium was a victory of Russia against the EU, the commissioner said "I would certainly not put it that way" and explained that the European Commission remains neutral regarding the competition which could reduce the dependence of Southeastern Europe on gas imports from Russia.

Read in full - click here
A legacy that continues to inspire: JW Marriott Bucharest Grand Hotel Celebrates 25 years in Romania

JW Marriott Bucharest Grand Hotel marks a milestone that goes far beyond an anniversary this year. It celebrates 25 years of stories — of people, vision, and the unwavering belief that hospitality has the power to shape a city’s spirit. “Marking 25 years is, first and foremost, a statement of trust. Guests have chosen JW […]

Romanians think the healthcare system is poor and overstretched, study shows

Three-quarters of Romanian citizens believe that the national healthcare system offers poor services, and 70% think that it is overstretched, according to the seventh edition of the Ipsos global report on health services, carried out in 30 countries, including Romania. The study analyzes the population’s perceptions of healthcare systems, major issues in the field, and […]

Authorization for 11-story building close to Bucharest’s famous Bellu Cemetery sparks controversy

An 11-story building is currently being built next to the graves in Bucharest’s famous Bellu Cemetery, and the project, authorized by the District 4 City Hall in 2023, has sparked controversy in the context of local elections for general mayor. District 4 City Hall, led by Daniel Băluță, currently a candidate for the position of general […]

Romania selects its first-ever Bocuse d’Or team this week

Romania is preparing to select its first-ever national team for the Bocuse d’Or, marking the country’s official debut in the prestigious culinary competition. The Bocuse d’Or Romania National Selection will take place on November 27 in Brașov, where five teams will compete over six hours for a single place in the 2026 Bocuse d’Or Europe […]

Prosecutors conduct searches in case concerning Russian millionaires living under Romanian identities

Prosecutors and police in Romania conducted 17 searches on Tuesday, November 25, in a case concerning falsified documents for persons from Russia, Ukraine, the Republic of Moldova, and other states of the former USSR. The searches mainly took place in Suceava county, on the border with Ukraine, but also in Bucharest. Some of the targeted individuals […]

HILS Development to invest EUR 200 mln in new 2,700-apartment project in northern Bucharest

HILS Development has announced a EUR 200 million investment in a new large-scale mixed-use residential project in northern Bucharest, marking the company’s expansion into one of the capital’s most dynamic growth areas. The development, called HILS Nord, will span 10 hectares near Lake Șaulei and feature 2,705 apartments alongside green spaces, retail areas, and other […]