RWE Leaves Nabucco

EnergyOil & Gas ♦ Published: December 3, 2012; 23:16 ♦ (Vindobona)

The German energy group sells its shares to Austrian OMV.

RWE Leaves Nabucco / Picture: ©

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.

After the radial…

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