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E.ON inaugurates gas storage site

The Hungarian arm of Germany’s energy major E.ON group has inaugurated a new gas storage facility in Zsana having completed construction of Central Europe’s biggest gas storage depot in a project worth HUF 35 billion, the company announced.

The Zsana site thus has storage capacities of 2.1 billion cubic meters of gas. In wake of the development, the daily amount of gas that can be extracted has been raised to 28 million cubic meters.

Energy Minister Péter Hónig, said the investment does not present any additional costs to taxpayers. He also stated that Hungary is prepared should another gas crisis come this winter as the country has sufficient reserves to cover 45 days of demands. (Napi Gazdaság)