Hungary's MOL cites doubts over Nabucco pipeline project

EU Business Tuesday 24th April, 2012

) - Hungarian oil group MOL appeared to mull pulling out of Europe's flagship Nabucco gas pipeline on Tuesday, following revealing comments by Prime Minister Viktor Orban. "There are many uncertainties around the Nabucco project that would be hard to ignore. Both the financing background and the gas source are uncertain," MOL said in a statement. "We are still committed to the diversification of the CEE (central and eastern European) energy sup...

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