EU member countries – with Hungary being the only exception – have agreed on a gas emergency plan for this winter. The aim is to save 15% gas. However, the plan also provides for numerous exceptions. At a special meeting of the ministers responsible for energy on Tuesday in Brussels, the necessary majority for the […]

As a result of continuous negotiations between FGSZ Ltd., the the owner and operator of the Hungarian high-pressure natural gas pipeline system, and its Ukrainian partner, Gas TSO of Ukraine, the test period of Q1 2022 - according to which firm gas transmission capacities have been created in the HU>UA direction from January – has […]

Hungary has reached an agreement with Ukraine to supply natural gas to its northeastern neighbor with guaranteed capacity from January 1 next year, Serhiy Makokhon, CEO of the Ukrainian Gas Transmission System (HTS) has announced. The Ukrainian side signed a cooperation agreement with the Hungarian gas transport company FGSZ on the guaranteed supply capacity. Under […]

Hungary's winter natural gas supply is secured, the more than five billion cubic meters of natural gas stored in gas storage facilities until 30 September will safely cover domestic demand, the Hungarian Energy and Public Utility Regulatory Authority (HEA) told the state news agency MTI on Wednesday. The Authority said that every year, they check […]