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Serbia und Hungary launched gas interconnection between the countries

A cross-border interconnection allowing natural gas flow through the Turkish Stream pipeline of Gazprom

Serbia und Hungary launched gas interconnection between the countries

Budapest, October 1 - Neftegaz.RU. Serbian Interior Minister Aleksandar Vulin and Hungarian Foreign Minister Péter Szijjártó inaugurated on September 30 the gas interconnector linking the 2 countries’ gas networks in in southern Hungary.

Aleksandar Vulin said the interconnector brought about an important change for Serbia: instead of paying gas transit fees, from now on Serbia will be the one getting paid.
Péter Szijjártó said:
  • Energy supply is one of the government’s most important obligations and a matter of national sovereignty
  • Without such resources, the country would be vulnerable and a fair game for others
  • Hungary’s gas supply is not an ideological or political issue
  • Idealistic and political statements cannot heat the home or fuel industry
The new gas link will transport up to 8.5 billion m3 of gas to Hungary annually, with 32% of the 1st year’s supply already contracted.
Hungary will start receiving Gazprom's gas via Turkish Stream through Bulgaria and Serbia as of October 1.

This week Hungary signed an agreement with Gazprom on the purchase of natural gas for 15 years bypassing Ukraine, starting from today.
Ukraine’s Foreign Ministry said in a statement that this agreement is a «political, not economically justified decision that’s been made to please the Kremlin».
Ukraine will ask the European Commission to assess whether the contracts run afoul of European energy rules.

Hungarian Foreign Minister said:
  • Hungary categorically rejects the Ukrainian complaint, and sees it as a gross attack on Hungary’s sovereignty
  • Ukraine, or any other country, has no say whatsoever on what and with whom we Hungarians sign agreements

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