Weekly newsletter

First Shipment of LNG Arrives in Hungary

Barbara Bene 2022.08.11.

The first shipment of liquefied natural gas (LNG) has arrived from the Croatian import terminal to Hungary, thus adding a new mode and route to the domestic gas supply chain which currently serves mainly transport purposes; soon the road may be opened for industrial use as well, ARELGAS Kft. told MTI on Wednesday.

After the ARELGAS Ltd. became the first company in Hungary to put into operation its first LNG transport tanker train, the possibility has opened for gas to arrive in Hungary not only by pipeline but also by transport vehicle, often referred to as a “virtual pipeline,” from the LNG FSRU (Liquefied Natural Gas Floating Storage Regasifier Unit) facility on the island of Krk, Croatia, the closest LNG import terminal to Hungary.

The arrival of the first Hungarian vehicle home from the Krk terminal and its subsequent transfer to the gas storage tank, is a milestone in terms of security of supply, diversification of the transport route, and of course, the possibility of cost reduction.

The shortening of the transport route to supply industrial customers and thus more accurate scheduling of the delivery is an important result of the process that has now been launched,” according to the company’s statement.

Hungary currently has three LNG filling stations, and next year the number of filling points in Hungary will double to meet the needs of the growing number of LNG-powered vehicles.

Meanwhile, since Wednesday night, oil has been arriving continuously in Hungary via the Friendship oil pipeline after Mol took over the transit fee to be paid by the Russian side, the Ministry of Technology and Industry announced on Thursday morning. The ministry stressed that

despite the few days of disruption, domestic supplies were not in danger, as Hungary has enough reserves for several weeks.

The Friendship pipeline’s southern branch provides crude oil to Hungary, Slovakia, and Czechia. While the transportation resumed to Hungary and Slovakia, Russian oil still does not reach the Czech Republic via the Friendship pipeline, Czech public news television (CT24) reported on Thursday morning, citing Mero, the operator of the Friendship and IKL pipelines.

Thanks to Mol, Friendship Pipeline Can Be Reopened
Thanks to Mol, Friendship Pipeline Can Be Reopened

The Hungarian oil and gas company paid the transit fee to Ukraine so crude oil can be delivered to Hungary.Continue reading

Russian company Transneft stopped the delivery through the pipeline after they said that Ukraine has suspended Russian oil flows to southern Europe because Western sanctions prevented them from receiving transit fees from Moscow.

Featured Photo: MTI/Illyés Tibor


Array
(
    [1536x1536] => Array
        (
            [width] => 1536
            [height] => 1536
            [crop] => 
        )

    [2048x2048] => Array
        (
            [width] => 2048
            [height] => 2048
            [crop] => 
        )

)