Hurdles remain for non-Russian gas pipeline

Katinka Barysch, of the CER, believes the pipeline is still crucial. In a discussion paper published this month, she points out "Energy forecasters say that the global gas glut is temporary.Between 2015 and 2020 global markets will tighten. All of Nabucco's problems – lack of demand, finance and supplies – have a plausible solution. Even if it is further delayed and not ready for gas shipments in 2014, it still makes sense to build it, both commercially and politically."