EBRD supports energy security in central Europe

Author (Corporate)
Series Title
Series Details 17.6.09
Publication Date 17/06/2009
Content Type

The EBRD is helping Hungary enhance its energy security by providing a €200 million loan to MOL, Hungary’s leading energy company, to finance the completion of a strategic gas storage facility in the southern part of the country.

Situated in close proximity to Croatia, Serbia, Romania and Bosnia and Herzegovina, the gas storage facility will also play an important role in mitigating risks of gas shortages in the wider central European region.

Source Link Link to Main Source http://www.ebrd.com/pages/news/press/2009/090617c.shtml
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