Hungarian oil company MOL mulls joining BP planned pipeline project

Hungarian oil and gas company MOL is studying the possibility of participating in British Petroleum's South-East Europe Pipeline (SEEP) international gas pipeline project, Nepszabadsag daily said on Monday. The SEEP project, plans of which were revealed only a year ago, is regarded by experts as one of the most "viable" competitors of the EU-backed international Nabucco gas pipeline. Hungary is in the process of quitting the Nabucco consortium.