BUSINESS IN SHORT

SK-HU gas network gets second wind

THE PROJECT to interconnect the Slovak and Hungarian gas distribution systems has come back to life again. Slovakia’s Eustream and Hungarian firm FGSZ have announced the restart of the binding phase of the Open Season process for a planned gas interconnector between the Slovak Republic and Hungary.

THE PROJECT to interconnect the Slovak and Hungarian gas distribution systems has come back to life again. Slovakia’s Eustream and Hungarian firm FGSZ have announced the restart of the binding phase of the Open Season process for a planned gas interconnector between the Slovak Republic and Hungary.

The second stage of the Open Season binding phase is the continuation of a process that began in the first half of this year, the SITA newswire reported. The first round of the binding phase of Open Season was not successful on the Hungarian side. Following the first round and further consultations, some project conditions have been changed to take account of market expectations and to facilitate successful implementation of the project.

In Slovakia, six companies – whose names have not been disclosed – from six countries declared an interest in the pipeline interconnection within the first phase of Open Season, for a period from five to 20 years.

The interconnection of the Hungarian and Slovak gas transportation systems is expected to bolster existing networks in central Europe. The planned pipeline should be approximately 115 kilometres long. The facility is supposed to connect a Slovak high pressure gas pipeline near Veľký Krtíš to the Hungarian transmission network in Vesces.


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