Hungary’s unexpected opportunity
Hungary’s strategic role in the transport of Russian gas to Europe has grown significantly following the phasing out of Nord Stream pipelines and the shutdown of the Russian-Ukrainian-Slovak transit. The Turkish Stream pipeline, entering the EU via Hungary’s Serbian border, remains the sole route for Russian gas to Europe. Recent investments in interconnectors, including a Hungarian-Slovenian agreement in 2023, have further enhanced Hungary’s gas infrastructure, tripling its value. Market experts suggest Hungary could become a major gas trading hub if it improves regulatory predictability and reduces trader-deterring fees like the surveillance charge of the MEKH (Hungarian Energy & Utilities Regulatory Agency). With its strengthened position, Hungary has the potential to become a regional leader in the gas market.
Read also:
Featured image: depositphotos.com
Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=67819cf1e0db4b4681c348dd28b5b424&url=https%3A%2F%2Fdailynewshungary.com%2Frussian-gas-supplies-halt-opportunity-hungary%2F&c=12952395508305998003&mkt=de-de
Author :
Publish date : 2025-01-10 09:04:00
Copyright for syndicated content belongs to the linked Source.
