Hungary gas stores at over 36% capacity

Energy Trade

Hungary has 2.3 billion cubic meters of gas in domestic storage, around 36.3% of total capacity, the Hungarian Energy and Public Utilities Regulatory Office (MEKH) said on Thursday, according to a report by state news wire MTI.

Hungary has a total underground storage capacity for 6.33 bln cubic meters of gas.

MEKH noted that state-owned MVM Next must store 1.87 bln cubic meters of gas for consumers - mainly households - that pay regulated prices by October 1, the start of the winter heating season.

Security reserve levels are close to 0.94 bln cubic meters of gas, but will reach 1.2 bln cubic meters by October 1, the office added.

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