Hungary Resumes Natural Gas Transmissions to Ukraine

Following a three-month suspension, Hungary’s gas transport system operator FGSZ has resumed reverse-mode gas transmission of gas supplies to Ukraine as of Saturday January 10th, 2015, Ukrainian TSO Ukrtransgaz announced.

The company said 2.7 million cubic metres of gas per day will be imported from Hungary.

On September 25th of last year, gas flows from Hungary to Ukraine were halted “until further notice” as a result of "technical reasons."  The deliveries to Ukraine were halted in order to receive significant quantities of western bound Gazprom gas to be stored in Hungary for the winter.

However, the unexpected disruption came a few days after a meeting between Gazprom CEO Alexei Miller and Hungarian Prime Minister Viktor Orban, further tightening gas supply to Ukraine in advance of trilateral Ukraine-Russia-EC negotiations which were upcoming at that time.