Gas deliveries to Hungary through TurkStream could start in 2 years
Deliveries of Russian gas through the TurkStream pipeline could first start from late 2021 or early 2022 to Hungary, state secretary for energy affairs of the Ministry of Innovation and Technology Péter Kaderják said on Monday, state news wire MTI reports.
Speaking on public news television channel M1, the state secretary noted that the gas pipeline connects Turkey directly with Russia under the Black Sea. The pipeline, also designed to bypass Ukraine, will be extended towards Bulgaria, Serbia and Hungary, he added.
In October 2019, Hungarian foreign minister Péter Szijjártó said Hungary would launch a procedure by the end of that month to contract gas capacity through the Turkish Stream pipeline from 2021. He added that Hungary could take delivery of an annual 10 billion cubic meters of gas across the Serbian border.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.