ADVERTISEMENT

MOL considers joining BP pipeline project

Energy Trade

Hungarian oil and gas company MOL is considering the possibility of joining the South-EastEurope Pipeline (SEEP) project planned by British Petroleum (BP), daily Népszabadság said on Monday.

BP press chief Toby Odone told the paper the company was reviewing the possibility of bringing the pipeline through Hungary with MOL's pipeline unit FGSZ.

SEEP would bring gas from the border between Turkey and Bulgaria through Romanian and Hungary. The pipeline is a competitor to the planned Nabucco pipeline, which would bring gas from central Asia to Europe, reducing the region's energy dependence on Russia.

Alteo Revenue Down 26% in Q1 Green Energy

Alteo Revenue Down 26% in Q1

Gov't to Call HUF 75 bln Tender to Support Innovation by SME... Government

Gov't to Call HUF 75 bln Tender to Support Innovation by SME...

Gen Z Bringing New Challenges to Office Market Office Market

Gen Z Bringing New Challenges to Office Market

1990s Hungary Inspires Debut Novel ‘Ilona Gets a Phone’ History

1990s Hungary Inspires Debut Novel ‘Ilona Gets a Phone’

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.