Market intelligence, trend analysis and forecasts for the Oil and Gas industries across the regions

Companies / Hungary

Blue Stream Aims Towards Hungary

June 2006 | Project News

Hungarian oil group MOL and Russian gas monopoly Gazprom are investigating a possible extension of the Blue Stream pipeline into Hungary. The firms have set-up a joint venture solely for the project. However, the schedule is more long term, with a blueprint for the project expected in three years' time, and is therefore not likely to affect Hungary through the medium term.

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