Petroleum / Mining in Hungary
-
HUNGARY, 2013/09/05
Romania will begin to export small amounts of natural gas to Hungary via the Arad-Szeged pipeline in December 2013. The pipeline was inaugurated in 2010 to bring gas to Romania, a connection supported by the European Commission through the European Program for Economic Recovery in the Energy Field (EEPR).
The Arad-Szeged pipeline was designed to carry, at maximum capacity, 4.4 billion cubic meters (bcm) of gas per year, the equivalent of a third of Romania’s yearly consumption. In order for the pipeline to reach the maximum capacity, €120 million in investments are needed, according to Mediafax.