ADVERTISEMENT

Public procurement for gas interconnector could close by mid-year

History

A public procurement for the construction of an interconnector between the gas networks of Hungary and Slovakia could be closed by the middle of this year, György Felkai, communications director for the state-owned Hungarian Electricity Works (MVM), said in Monday's issue of business daily Napi Gazdaság.

The tender for the construction of the pipeline was called in December, Felkai said. The deadline for bidding was in January, and the participation phase and the first round closed in February, he added.

MVM unit Magyar Gáztranzit is in charge of building the interconnector.

Gas deliveries through the interconnector will start in January 2015.

The 20km of the pipeline in Slovakia will cost about €20 million to build and the 95km on the Hungarian side will cost about €100 million, Econews reported earlier.

ADVERTISEMENT

Business, consumer confidence slip in May Analysis

Business, consumer confidence slip in May

Parl't elects Orbán prime minister Parliament

Parl't elects Orbán prime minister

New managing director at LG Electronics Hungary Appointments

New managing director at LG Electronics Hungary

Airport bus fare could rise to HUF 1,500 City

Airport bus fare could rise to HUF 1,500

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.