E.ON, Gazprom, Mol may bid on gas storage
Friday, February 17, 2006, 13:22
Germany's E.ON AG, Russia's OAO Gazprom and Hungary's Mol Rt are interested in bidding on Hungary's Ft 150 billion natural gas storage project, an Economy Ministry spokesman confirmed today. “E.ON Ruhrgas, Gazprom and Mol are interested, though we don't know yet if they will actually bid on the tender,” Gergely Ábrahám, a spokesman for Economy Minister János Kóka, said. The storage facility is scheduled to start operation by 2010 and would store about 1.2 billion cubic meters of natural gas. A professional organization supervised by the Economy Ministry will announce a tender for building the facility later this year. Hungary, which uses more gas per capita than any other European Union country except the Netherlands, plans to add more gas storage to cope with future shortages of the fuel.