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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.


mrcplast.com
Author:Anna Larionova
Tags:naphta, oil.
Category:General News
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