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10

12

2007

South Stream to extend to Hungary

pipeline December 10, 2007

Russian Prime Minister Viktor Zubkov assured Hungarian Prime Minister Ferenc Gyurcsány in Budapest on Friday that the northern branch of the South Stream gas pipeline will reach Hungary. The pipeline will ship gas from the Black Sea to Austria.

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05

12

2007

Austrian-Hungarian energy dispute

MOLkut.jpgDecember 5, 2007

OMV announced yesterday that it is suing MOL over restrictions on voting rights and other anti-takeover measures. Sector peer OMV wants to remove the 10% ceiling on voting rights in the Hungarian energy company, abolish the state’s golden share in MOL and remove a restriction allowing only a limited number of board members to be replaced within a given period. Among others, the golden share gives the state a veto right over any attempt to remove the 10% voting ceiling.

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30

07

2007

Nabucco versus Blue Stream

t_rk_p.jpgAll those concerned with foreign politics and energy policy, and in particular with one of today’s Europe’s most pressing issues: energy-dependence, were invited to take part in the debate organised by the Budapest team of cafebabel.com in Café Centrál on June 8 2007. The people gathered together with the aim to get some first hand information – free of political influence – about the European context of the energy business to be able to formulate their opinion on the subject.

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