CASPIAN

 

MOL To Sell Nabucco Shares, BEH Uncertain Over Project’s Future

On 26 April, three days after a statement by Hungary’s Prime Minister Viktor Orban effectively announced the withdrawal of state-controlled MOL from the Nabucco gas pipeline project (MEES, 30 April), MOL CEO Zsolt Hernadi confirmed the company’s decision. “There’s nobody who knows what the Nabucco project is, or what it costs. As long as this is the case...