Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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lanman1

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API SmartBrief

posted on Jan 17, 2009 12:33PM

Hungarian gas could be shipped to western Europe

API SmartBrief | 01/14/2009

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. Bloomberg (05/07)

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Just a re-run of the Bloomberg article, but better than nothing.

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