Hungary Approves Gas Link with Serbia
Hungarian gas grid operator FGSZ has approved a ten-year development plan that will include the construction of a 6bn m3/yr gas pipeline from Serbia that forms part of the TurkStream extension, it said on June 26.
The gas link will reach its full capacity on October 1 2021, FGSZ said. Earlier Hungarian foreign minister Peter Szijjarto said that Budapest intended to buy 6bn m3/yr of gas from Russia via a planned extension of the TurkStream pipeline that runs through Bulgaria and Serbia and ends in Hungary. These deliveries would start in October 2021, he said.
Work on the TurkStream extension, known as Balkan Stream, is already underway in Bulgaria and Serbia. Hungary already buys much of its gas from Russia via Ukraine, with shipments reaching 10.5bn m3 last year.
FGSZ said it would provide further information about its development plan at a later stage.