Nabucco Pipeline Plan Takes Step Forward In Hungary
- 17 Aug 2012 9:00 AM
Hungarian authorities have approved all necessary environmental permits for the construction of a 384 km stretch of the planned Nabucco gas pipeline that is to pass through Hungary, a move welcomed by the pipeline's consortium as a major step forward for the project.
The Hungarian stretch of the pipeline is the first from a member state to be granted all necessary environmental permits.
Reinhard Mitschek, the managing director of the Nabucco Gas Pipeline International GmbH Company, said in a statement on Tuesday that the permission in Hungary constituted an important milestone for the Nabucco West project.
Source: Prime Minister’s Office - kormany.hu
LATEST NEWS IN business