Unusual move as germans consider scrapping nabucco gas pipeline commitment | NEM Message Board Posts

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Msg  28363 of 43291  at  4/24/2012 7:34:33 PM  by

zeno451


Unusual move as germans consider scrapping nabucco gas pipeline commitment

MOL is now the second major shareholder to publicly reconsider its role in the Nabucco consortium, after Germany's RWE AG's RWE.XE +0.74% chief executive said earlier this year that it could scrap its plans for the long-discussed pipeline, which aims to lessen EU dependency on Russian gas....wej

mol refers to the hungarians.... but it is there german possibility of abandoning nabucco that is interesting... maybe they see lng coming to europe from america somewhere down the road... but it has to be regarded as a political statement about europe no matter the rationale for the possible move


 
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