Gov't decree guarantees storage capacity for imported gas

A government decree published in the latest issue of the official gazette Magyar Közlöny guarantees utilities companies storage capacity for imported gas until the end of 2014.
The temporary measures apply to gas traders on regulated, as well as deregulated market. The capacity allocated by the system operator may not be resold.
Hungary's government announced earlier that it would accelerate the topping up of gas stores for the winter.
ADVERTISEMENT
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.