Hungary would buy liquefied natural gas from Poland

By RockedBuzz 4 Min Read

THE Reuters reported Anna Lukaszewska-Trzeciakowska as saying: the second FSRU unit for the storage and regasification of liquefied natural gas, i.e. the growth of the primary unit, could be in-built Gdansk even when the events haven’t but booked the capacities.

The latter remark is essential as a result of in mid-November, the Czech utility firm CEZ deserted its plan to tie up capability within the Polish FSRU, citing unfavorable situations. For this cause, the Polish Gaz-System introduced: they’re abandoning the plans for the second unit, as a result of they didn’t obtain a ample variety of necessary affords (as a result of Czech withdrawal).

However, in mid-November, the Polish firm additionally indicated that negotiations on the opposite unit have been nonetheless persevering with. Now the Polish minister has additionally signaled that the opposite unit can nonetheless be constructed even when there is no such thing as a capability restriction. as a result of negotiations with the Czech, Slovak and Hungarian companions proceed.

The latter, that’s, the session with MVM, just isn’t new info, as a result of in mid-November the Hungarian state-owned firm already knowledgeable the information company: they’re contemplating all choices, together with the choices supplied by the brand new LNG terminal in Gdańsk.

As we summarized in our earlier article: the Polish FSRU capability is anticipated to be accessible from 2028, as a result of the Polish gas service operator would purchase the unit by the top of 2027, which would allow gas exports from Poland to regional markets. The annual capability of the primary FSRU for Poland’s personal inside gas consumption can be 6.1 billion cubic meters, and the second FSRU, accessible for export, has an annual capability of 4.5 billion cubic meters, which would allow the reception of about 58 LNG ships. In addition to the Czech and Slovak companions, this second unit would additionally embrace the Hungarian one, based on the indications above, however the ultimate framework remains to be below negotiation.

The Hungarian Ministry of Energy introduced on August 29 that, with the intention to diversify natural gas sources, we will make better use of the alternatives provided by the North-South gas hall sooner or later. If crucial, the gas arriving by way of the floating LNG terminal in Gdansk, which is below preparation, can attain Hungary by way of the Slovak-Hungarian interconnector.

On September 6, Minister of Foreign Trade and Foreign Affairs Péter Szijjártó knowledgeable that MVM additionally participated within the first spherical of the capability reservation course of on the terminal being in-built Gdansk, Poland.

In the meantime, as we reported yesterday: negotiations are underway on the development of a brand new vertical gas hall based mostly on the weather of the Greek and Ukrainian techniques, and the leaders of the businesses working the Greek, Bulgarian, Romanian, Slovak and Hungarian natural gas transmission techniques have agreed.

Cover picture supply: Shutterstock

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