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Hungary to host meeting of Nabucco companies

Hungary will host a meeting of companies participating in the Nabucco pipeline project in October, before it hosts another Nabucco summit involving politicians from the countries involved next January, Foreign Ministry state secretary Márta Fekszi Horváth told Parliament’s Foreign Affairs Committee on Tuesday.

Mrs Horváth said the construction of the Nabucco pipeline -- which will bring gas from Central Asia to Europe, reducing the region’s energy dependence on Russia -- and of Russia’s South Stream pipeline are both important to Hungary. (MTI-Econews)