Energy
Hungary, Gazprom sign deal to ship Turkish Stream gas
A branch of the pipeline to Hungary, with capacity of 8 billion cubic meters, will be completed by the end of 2019, the minister said.
Szíjjártó said Hungary sees Turkish Stream gas supplies the best option because other routes, across Romania and Croatia, are at an early stage of establishment. Croatia has not yet built an LNG terminal, while Romania has not agreed to make the cross-border connection bi-directional. As a result, energy security in the CEE region remains a challenge, Szíjjártó said, and
Szíjjártó said Hungary sees Turkish Stream gas supplies the best option because other routes, across Romania and Croatia, are at an early stage of establishment. Croatia has not yet built an LNG terminal, while Romania has not agreed to make the cross-border connection bi-directional. As a result, energy security in the CEE region remains a challenge, Szíjjártó said, and
it is a matter of national security to gain access to the southern gas corridor
This would also increase the utilization ratio of Hungary's gas storages, which could mean extra revenue for the country, Szíjjártó pointed out.
