London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950

Our Clients

Order Informer

Home > News >

Nabucco project realisation depends on EU

April 26/2012
(en.rian) -- Hungary's oil and gas firm MOL and other project participants have not confirmed their withdrawal from the Western-backed Nabucco gas pipeline project, European Commission energy spokesperson Marlene Holzner said.
Hungarian Prime Minister Viktor Orban said earlier on Monday that MOL was leaving the Nabucco project.

MOL has not confirmed the report of its withdrawal from Nabucco, Holzner told reporters. "The Nabucco shareholder in Hungary is FGSZ, a MOL subsidiary, and we have not had any indication that this will change," the Nabucco Consortium said on Tuesday afternoon.

Nabucco, which is intended to pump 31 bcm of natural gas, is part of the EU's effort to diversify its natural gas supplies and reduce the region's dependence on Russian gas.
Author:Anna Larionova
Tags:naphta, oil.
Category:General News
| More

Leave a comment

MRC help


 All News   News subscribe