Montenegro as a wind...

Montenegro is not the largest renewable market in Southeast Europe. It does not...

De-risking wind in Southeast...

From an Owner’s Engineer’s vantage point, Southeast Europe’s onshore wind market is entering...

Investor brief: How risk...

Investing in a wind park is fundamentally about converting a natural resource into...

The Balkan grid at...

As winter settles across South-East Europe, the region’s electricity landscape enters a season...
Supported byClarion Energy
HomeNews Serbia EnergySerbia, Country to...

Serbia, Country to store 500 billion cubic meters of gas in Hungary

Serbian Minister of Finance Sinisa Mali said after the meeting with Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto in Budapest that it has been agreed for Serbia to store 500 million cubic meters of gas in Hungary, which will enable the stability of supply of the country during the upcoming winter.

Minister Mali said that Serbia will start filling the storage in Hungary by the end of June. The country will have at its disposal a withdrawal capacity of 3 million cubic meters of gas per day in October, 6 million per day in November and December, 6 million in January and February 2023 and 3 million cubic meters of gas in March 2023.

He stressed that Serbian citizen do not have to worry about natural gas supply for the upcoming winter, because Serbia will secure enough volumes and the gas transit from Serbia and Hungary and vice versa is working without a problem.

He said that Serbia had also agreed for Serbia to be able to purchase gas from Hungary, but also from other countries.

Minister Mali said that cooperation in the energy field between the two countries was also discussed, especially the construction of energy interconnections, while the meeting of representatives of the two state-owned power utilities EPS and MVM has been scheduled for next week.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

The competitive edge: How Clarion’s EPC execution framework helps Serbia attract international capital and technology

As competition for investment intensifies across Central and Southeastern Europe, Serbia must distinguish itself not only through incentives and geography, but through execution capability. Global investors increasingly prefer markets where risk can be measured, controlled, and contractually allocated. They invest where...

Bankability starts with engineering: Why lenders are now demanding EPC risk matrices, ITPs and grid readiness in Serbia

Project finance is changing rapidly. What lenders once accepted as “EPC contractor reputation” has evolved into a rigorous, quantifiable requirement: engineering traceability, risk transparency, and asset-level assurance. Lenders across Europe and the Western Balkans are tightening due-diligence criteria as energy markets...

Engineering certainty in an uncertain world: Why Serbia’s energy & industrial projects now depend on professional EPC risk governance

Serbia is entering the most aggressive investment cycle in its modern energy and industrial history. Billions of euros in renewable assets, grid infrastructure, industrial expansion and high-tech facilities are converging on a system still adapting to European standards, rapid...
Supported byVirtu Energy
error: Content is protected !!