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RWE Leaves Nabucco

Published: December 3, 2012; 23:16 · (Vindobona)

The German energy group sells its shares to Austrian OMV.

RWE Leaves Nabucco / Picture: © Flickr

In spring, RWE considered leaving the natural gas pipeline project. Now, RWE makes its announcement come true. RWE´s interest in Nabucco will be held by OMV in future. As a result, OMV will become Nabucco´s biggest shareholder (33.3%).

Besides OMV, Turkush Botas, Hungarian MOL, Bulgarian Energy Holding and Romanian Transgaz participate in Nabucco.

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This article includes a total of 127 words.

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