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E.ON unit to complete HUF 1.5 bln gas store renovation in spring

Energy Trade

E.ON Földgáz Storage will complete a HUF 1.5 billion renovation of its gas store in Pusztaederics by the spring, the company told MTI.

The facility has capacity for 340 million cubic metres of gas. It can release 3.1 million cubic metres a day. The store is one of four E.ON Földgáz Storage has in Hungary. Together, they have combined capacity of 4.2 billion cubic metres and can release a daily 55 million cubic metres. E.ON Földgáz Storage had pre-tax profit of HUF 15.7 billion on net revenue of HUF 43 billion in 2011, public records show.

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