Gas deliveries resume through Turkish Stream

Energy Trade

Image by Pixabay

Gas deliveries to Hungary resumed from the south on Monday evening after scheduled maintenance work was completed on the Turkish Stream pipeline, Minister of Foreign Affairs and Trade Péter Szijjártó said after consulting energy experts yesterday, according to origo.hu.

Szijjártó said Hungary is receiving the full amount of natural gas to be supplied under the long-term agreement it concluded last year.

Noting reduced Russian gas deliveries to western Europe recently due to "maintenance difficulties on Nord Stream 1," Szijjártó said Hungary is currently receiving about half the usual amount of gas via Austria.

The missing 1.3 million cubic meters of gas daily can be easily procured from the spot market, he said.

"Hungarian supply security is not at any sort of risk," he added. Szijjártó noted that talks are still ongoing with Gazprom about diverting the amount missing from the Austrian route to the southern transport route.

MNB Business Confidence Index Slips in March MNB

MNB Business Confidence Index Slips in March

Chinese President to Visit Budapest in May Visits

Chinese President to Visit Budapest in May

Richter Shareholders Approve HUF 423/Share Dividend Pharma

Richter Shareholders Approve HUF 423/Share Dividend

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails Drinks

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails

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.