Sections of Serbian, Hungarian gas pipeline joined

Energy Trade

The Hungarian and Serbian sections of a pipeline connecting the countries' gas networks was welded together in Horgos, a Serbian village on the border, on Sunday, according to a report by state news wire MTI.

Szabolcs I Ferencz, who heads Hungarian gas transmission system operator FGSZ Földgázszállító, told MTI the interconnector project would be completed by October 1. Around 15 km of pipeline is being constructed in Hungary for the interconnector, at a cost of about HUF 20 billion, he added.

Dusan Bajatovic, the chief executive of Serbian- and Russian-owned Gastrans, said the interconnector would deliver gas arriving in Turkey to Central Europe via Bulgaria and Serbia.

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.

Support the BBJ

Energy