Hungary is going to unite 8 countries in construction of a gas pipe line around Russia

Hungarian MOL offered to unite 8 gas transmission companies of Central and Eastern Europe into a New Europe Transmission System (NETS) and construct a gad pipe line Nabucco around Russia. MOL is planing to constructs the gas pipe line system in Hungary, Slovenia, Croatia, Bosnia and Herzegovina, Serbia, Romania, Bulgaria and Austria. Negotiation are scheduled to begin in early 2008.This is how they plan to do it. Russia's "GasProm" did not comment the Hungarian initiative to build NETS. Photo from Lenta.ru