Agoracom: Small Cap Investment - Falcon Oil and Gas Ltd. - Nabucco inter-government agreement to be signed July 13

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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Nabucco inter-government agreement to be signed July 13

posted on Jul 03, 2009 09:43AM

Nabucco inter-government agreement to be signed July 13

Budapest Business Journal

Friday 13:34, July 3rd, 2009

An inter-government agreement on the Nabucco gas pipeline will be signed in Ankara on July 13, government spokesman DomokosSzollár told MTI on Friday, confirming a report by Reuters.

Prime Minister GordonBajnai will sign the agreement, Szollár said.

Romanian Economy Minister AdrieanVideanu told Reuters on Friday the inter-government accord on the pipeline would be signed on July 13. Turkey's demand to take 15% of the pipeline's throughput for domestic use or re-export "is solved", he added.

The Nabucco pipeline would bring gas from Central Asia to Europe, reducing the region's energy dependence on Russia. (MTI-ECONEWS)

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