The authority found that out of 24 EU capital cities plus Belgrade, household gas was cheapest in Budapest, while the average price of natural gas was over four times less in Hungary.Continue reading
There were 1.6 billion cubic metres of gas in Hungary’s underground stores, just over 25 percent of capacity, by mid-May, the Hungarian Energy and Public Utilities Regulatory Office (MEKH) said on Monday.
MEKH noted that the gas stores were replenished with close to 0.4 billion cubic metres of gas by the middle of April.
Data on MEKH’s website show the gas stores stood at 3.6 billion cubic metres at the same time a year ago.
By the autumn, gas stores for supplying consumers on the regulated utilities market must reach 1.87 billion cubic metres, MEKH noted.
MEKH added that gas volume in security reserves stands at 0.9 billion cubic metres, but will rise to 1.2 billion by October 1.
Total capacity of Hungary’s gas reserves is 6.33 billion cubic metres.
featured image illustration via Tibor Rosta/MTI