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Physical import of natural gas from Hungary to Ukraine has begun

On 1 February 2022, the physical import of natural gas from Hungary to Ukraine has begun. The expected physical delivery volume for the current day is about 3 million cubic metres (mcm) of the total nomination for imports amounting to 4.7 mcm of gas.

“The Hungarian direction has become the second guaranteed route for gas supplies to Ukraine after Slovakia, even in the absence of the transit”, said Sergiy Makogon, General Director of the Gas Transmission System Operator of Ukraine (GTSOU).
The transportation of gas in both directions became possible due to joint technical measures of Gas TSO of Ukraine and FGSZ, the Hungarian TSO.

Following the agreement between GTSOU and FGSZ, the physical import of up to 8 mcm of natural gas per day (2.9 billion cubic metres per year) from Hungary to Ukraine has become possible since 1 January 2022. Together with the available daily capacity from Slovakia (27 mcm), the total firm capacity for gas imports to Ukraine increases to 35 mcm per day.

It should be reminded that as of February 2022, traders have booked more than 195 mcm of capacity for importing natural gas to Ukraine. Of these, some 124. 8 mcm are for imports from Hungary.

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