The European Commission added to its economic stimulus program with the largest-ever package of grants to energy infrastructure, including support for the Nabucco pipeline project that will help Europe diversify its sources of natural gas.
The package of 2.3 billion euros ($3.1 billion) for 43 projects will attract 22 billion euros ($30 billion) of private sector energy investment, largely for pipelines and electricity interconnectors. Full article at: Nabucco Pipeline
