The multilateral government agreement between Turkey , Bulgaria , Romania , Hungary and Austria for the construction of Nabucco Pipeline for transport of natural gas from Central Asia and Middle East to Europe will be signed on July 13 in Turkey , economy minister Petar Dimitrov unveiled. The national natural gas suppliers of the 5 countries as well as Germany ’s RWE hold equal stakes in Nabucco Gaspipeline International, the company set to run the project. The 3,300-km pipeline will have a transport capacity of 31bn cubic metres of natural gas per year (8-12bn initially from Azerbaijan ) and is expected to cover 5% of the European demand. First supplies are expected in 2014. The latest investment estimates for Nabucco point to total costs of EUR 7.9bn instead of the initially projected EUR 5bn. The final investment decision is expected next year when construction works should start as well. The stakeholders should provide 30% of the investment amount. The European Investment Bank (EIB) may invest EUR 2.5bn in the facility and the EBRD and commercial banks will also contribute.