Hungary has signed an agreement with Slovenia on the construction of a gas pipeline between the two countries, allowing this country to receive gas transported in liquid form from Italian seaports.
The information was shared by Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto at a press conference in Budapest after the signing ceremony with Slovenian Minister of Environment, Climate and Energy Bojan Kumer.
He noted that previously, Hungary and Slovenia had connected to the power grid and will now have similar connections to the gas pipeline system.
According to Mr. Szijjarto, the new gas pipeline is expected to be 115km long. On the Hungarian side, the pipeline is about 40km long and has 1 gas compression station.
In the initial phase, the pipeline's capacity will be 440 million m3 per year, then increase to 1.7 billion m3, allowing Hungary to receive liquefied natural gas (LNG) from Italy through Slovenia," the Hungarian Minister of Foreign Affairs and Trade informed.
He emphasized that Hungary is implementing moves in line with its energy diversification policy, but this does not mean abandoning existing energy sources or transportation routes.
Mr. Szijjarto also hopes to receive financial support from the EU for the implementation of the new gas pipeline project connecting to Slovenia. When completed, Hungary will be connected by a gas pipeline with all neighboring countries.
