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MOL May Leave Nabucco Project
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Published: April 24, 2012; 15:06 ♦ (Vindobona)
Hungarian Prime Minister Viktor Orban said that MOL the country’s largest company by market capitalization, is leaving the € 7.9bn ($ 10.4bn) Nabucco natural gas pipeline project.
MOL May Leave Nabucco Project / Picture: © Vindobona.org
The natural gas pipeline project faces again severe troubles. “I’m not an expert on the details, but what I have seen is that even the Hungarian company, MOL, is leaving the whole project,” Orban told reporters in Brussels today, adding that “Nabucco is in trouble.”
Nabucco, a joint venture of Mol, Germany’s RWE, Vienna- based OMV, Bulgargaz EAD, Romania’s Transgaz…
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