Hungary May Soon Resume Gas Deliveries To Ukraine

  • 22 Dec 2014 8:00 AM
Hungary May Soon Resume Gas Deliveries To Ukraine
Gas deliveries from Hungary to Ukraine could soon resume, business daily Napi Gazdaság said on Friday. FGSZ Földgázszállitó, the gas delivery unit of Hungarian oil and gas company MOL, suspended gas deliveries to Ukraine on Sept. 25 for an unspecified period, citing increased need for domestic supplies for the winter period as a reason.

But with domestic gas storages already filled and lower level of supplies required because of mild weather, FGSZ is now reviewing the reason for the stoppage, the paper said.

FGSZ said earlier that 16.8 million cubic metres a day or an annual 6.1 billion cubic metres of maximum capacity has been technically available for gas deliveries to Ukraine from Hungary since March 2013.

The availability of this capacity is not, however, guaranteed by FGSZ, it depends on technical and commercial conditions, the company said. Napi Gazdaság said that traders so far have exported less than 2 billion cubic metres of gas to Ukraine.

Source www.hungarymatters.hu

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