Are you starting a new era in Hungarian natural gas supply?



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The 289-meter-long and 44-meter-wide Tristar Ruby tanker docked at the terminal on January 1 with a shipment of 91 million cubic meters of LNG equivalent to gas.

According to the announcement, with the commissioning of the terminal and the start of the acquisition, a new era in the supply of Hungarian natural gas will begin, and a true diversification of sources and routes will take place for Hungary.

Through MFGK, the country has entered into a commercial link with the globalized liquefied gas market, accessing natural gas resources that until now have not been available in the entire region, they pointed out, referring to sources exclusively from the players. of the Western European market.

By purchasing liquefied natural gas, the MVM Group not only contributes to increasing supply security in Hungary and the region, but also integrates into the Group’s regional growth strategy for six markets (Austria, Slovakia, Czech Republic, Croatia, Serbia and Romania).

The Communication also mentioned that the gasification terminal in Croatia is also in line with the efforts of the European Union (EU) to diversify the sources and routes of natural gas, as it is one of the end points of the North-South Gas Corridor , the Central and Southeastern Europe Energy Interconnection Initiative (CESEC). priority project. They added that the EU had supported the construction of the terminal with 101.4 million euros.

Cover image: MVM



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