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Hungarian-Croatian gas pipeline agreement signed

A Hungarian-Croatian partnership agreement on the construction, operation, maintenance and reconstruction of a cross-border gas pipeline to connect the gas networks of the two countries has been signed in Budapest on Thursday, the national development ministry told MTI.

The agreement, concluded on the occasion of the visit to Budapest of Croatian prime minister Jadranka Kosor, was signed by Hungarian national development minister Tamas Fellegi and Croatian minister for the economy, labor and enterprises Djuro Popijac.

The investors for the construction of the pipeline are FGSz Földgázszállító Zrt and Plinacro d.o.o. The new pipeline is schedule to start operating from early 2011.

The pipeline will cross the border over the river Dráva between Drávaszerdahely (S Hungary) and Donji Miholjac.

When the Adria LNG terminal planned on the island Krk in Croatia is completed, the pipeline will be able to handle reverse flows, too.

The annual capacity of the connecting pipeline is planned to be 6.5bcm. In Hungary a section of 210 kilometers should be built with an estimated cost of HUF 80 billion. A 100 kilometers part of the work has already been accomplished by June this year based on an earlier agreement of FGSz and Plinacro. The adjacent section to be constructed is Croatia will be 88 kilometers. (MTI-Econews)