Hungarian State Seeks Control of Natural Gas Reserves -Report
October 13 2012 - 1:43PM
Dow Jones News
BUDAPEST--Hungary's government is motioning legal changes to
take the country's natural gas reserves into state control,
political daily Nepszabadsag reported over the weekend.
The bill submitted by a government official stipulates that any
natural gas storage sites of strategic importance would be in state
control, and that the state would have a purchase option for any
existing ones constructed by private enterprises.
Hungary currently has one such site, built and operated by MOL
Nyrt. (MOL.BU)
Newspaper website: www.nol.hu
Write to the Budapest Bureau at budapest@dowjones.com
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