2010-03-01 
Eleven Central and East European (CEE) countries agreed on Wednesday (February 24th) to set up a north-south-east gas system that would help both diversify supply sources and routes, as well as beef up energy security in the region. The new arrangement was proposed by Hungarian Prime Minister Gordon Bajnai during an energy security summit in Budapest. The meeting ended with the signing of a joint declaration by the participating states, including Austria, Bosnia and Herzegovina (BiH), Bulgaria, Croatia, the Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia and Slovenia. The document called for the establishment of the "North-South-East gas supply triangle" as suggested by summit host Bajnai. The Nabucco natural gas pipeline would form the eastern corner of the triangle, while the liquefied natural gas (LNG) terminal on the Croatian island of Krk and another in Poland would represent its southern and northern corners, respectively. A planned central European gas line, known as the North-South Energy Corridor, would link the three corners, according to Reuters.
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