Mali: Serbia to Use Hungarian Sites to Store 500 Million Cubic Meters of Gas | Beta Briefing

Mali: Serbia to Use Hungarian Sites to Store 500 Million Cubic Meters of Gas

Source: Beta
Archive / News | 25.05.22 | access_time 16:43

Sinisa Mali

Serbian Finance Minister Sinisa Mali said during a May 25 visit to Budapest that an agreement had been made with Hungary for Serbia to use the neighbor’s facilities to store 500 million cubic meters of gas, securing steady gas supply next winter.

“We’ll start filling the storage by the end of June. Serbia will be able to withdraw three million cubic meters of gas in October every day, the daily quota rising to six million in November, December, January and February, and going down again to three in March,” Minister Mali explained after a meeting with Hungarian Foreign Minister Peter Sijarto.

The minister underlined that Serbian citizens should not worry about gas supply next winter. “Gas will flow normally from Serbia to Hungary and back, and we’ll do everything to keep it that way,” Mali said.

The Serbian finance minister said that Hungary had agreed that Serbia could buy gas from other states, too. “They were reasonable enough to let us use both options, and we’ll chose between the two in the coming days,” Mali said.

Minister Sijarto said that Hungary owned natural gas storage capacity of over six billion cubic meters, and that it would let Serbia use part of it, in order to have enough gas next winter.

Sijarto said that Serbia and Hungary had agreed to connect their power grids within a new project that would take between six and eight years. “In the long run, it will give both states an opportunity to secure and exchange larger amounts of electricity in the future,” the Hungarian minister explained.

info
To get full access to all content of interest see our
Subscription offer
Or
Register for free
And read up to 5 articles each month.

Already have an account? Please Log in.

Related Articles

Latest News