State-owned companies save HUF 450 mln on joint gas purchase

Energy Trade

The Hungarian National Asset Management Company (MNV) has completed a joint natural gas purchase for 56 state-majority-owned companies, as a result of which the companies concerned will save about HUF 450 million, business daily Napi Gazdaság said on Thursday.

The paper said Suez Energia Magyarország, MVM Partner Energiakereskedelmi Corp., the energy trader of state owned MVM and regional gas distributor Tigáz won a public procurement tender called by MVM.

The tender was for the supply of a total of 23.44 million cubic metres of gas over 12 months beginning from July and October, until July 1 next year. French-owned GDF Suez Energia Magyarország has won the contract to supply 16.4 million cubic metres of gas for HUF 1.949 billion for MNV and the companies in its asset management. MVM Partner will supply ATEV 6 million cubic metres in the period for HUF 612 million, and Tigáz will supply low-consumption sites of companies managed by the state assets manager about 954 million cubic metres for HUF 128 million.

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