Operating permit issued for Hungary-Slovakia gas interconnector

Hungarian utilities regulator MEKH today issued an operating permit for an interconnector between the gas networks of Hungary and Slovakia, thereby paving the way for its operation from July 1, Hungarian daily Magyar Nemzet reported.
Hungarian state-owned Magyar Gáz Tranzit received the green light from MEKH for both the operation of the pipeline and the delivery of gas, the paper said.
Test operation of the pipeline was recently completed and Magyar Gáz Tranzit, together with Slovakian peer Eustream, announced the Assessment of Capacity Demand, Capacity Booking and Capacity Sales procedure, or Open Season, for the pipeline from July 1, 2015 until September 30, 2016, the paper added.
Annual capacity of the pipeline is 4.4 billion cubic meters in the direction of Hungary and 1.6 bln in the direction of Slovakia, the paper said.
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.