The plan competes with another proposed extension route through Hungary, a project currently in the concept phase with a joint venture set up earlier by OAO Gazprom and Mol Hungarian Oil and Gas Nyrt to explore possibilities. The new agreement does not pose a threat to Hungary’s future role as a regional distributor of natural gas, Mol Communications Officer György Bacsur said, referring to Gazprom’s long-term plans to use strategic storage facilities in Hungary to meet peak demand.
Hungary is also part of the proposed route of the Nabucco pipeline from Turkey to Austria, a project in which Gazprom has been recently invited to participate, news portal Inforadio.hu reminded, quoting industry opinions that the Blue Stream and Nabucco may eventually become mutually exclusive projects. (Népszabadság)
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