Gas from the Mako Trough in Hungary may be shipped to Serbia and Austria as fears mount in the European Union about the possibility of losing Russian-supplied gas. ExxonMobil, Mol and Falcon Oil & Gas Ltd. -- partners in Mako -- are working on technology to export the gas to western Europe. OAO Gazprom recently cut supplies to the Ukraine in a pricing dispute, creating fears among other nations over the security of their gas supplies as demand is increasing.
Source: Smartbrief.com
Posts
