Hungary Asserts its Energy Independence with South Stream

January 16, 2014 by Igor Alexeev

Hungary Energy Independence

During recent talks in Budapest, the prime minister of Hungary, Viktor Orbán, and Gazprom’s CEO, Alexey Miller, announced that the construction of South Stream in Hungary will begin in April 2015. Budapest’s decision may be “a final blow” to the delayed Nabucco pipeline.[read more]