UPI: Putin upbeat on weakened Nabucco

Russia might be able to take advantage of the doubts emerging over the planned Nabucco natural gas pipeline, an analyst said.

Hungarian energy company MOL, a Nabucco pipeline consortium member, expressed doubts over sources and costs tied to the $10.4 billion natural gas pipeline planned for Europe. Hungary gets about 80 percent of its natural gas from Russia and the government recently backed South Stream, Russia's counterpart to Nabucco.  MORE