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Hungary May Unveil New NatGas Exchange

Hungary is seeking to establish a natural gas exchange that will commence trading by Jan. 1, 2013.

Hungary is seeking to establish a natural gas exchange that will commence trading by Jan. 1, 2013, Reuters reports. The proposal was sent by the Hungarian ruling party Fidesz.

The bourse will be operated by a firm that has a licence to run a power exchange and is owned by a power transmission system operator. The Hungarian power exchange HUPX competes with Prague-based Power Exchange Central Europe.

Click here for the story from Reuters.

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