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IGB to help Hungary to further expand its gas purchase capabilities

Oil&Gas Materials 14 November 2022 09:50 (UTC +04:00)
IGB to help Hungary to further expand its gas purchase capabilities
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, November 14. The Interconnector Greece-Bulgaria (IGB) and Poland-Slovakia natural gas pipelines, as well as the Baltic Pipe transporting Norwegian gas to Poland, will enable Hungary to further expand its abilities to purchase gas, said Hungarian Energy and Public Utility Regulatory Authority (MEKH) Vice President for International Relations Pal Sagvari, Trend reports November 14.

IGB connects Bulgaria with the Southern Gas Corridor and enables secure supplies from a variety of sources to several countries in Southeast and Central Europe, including Moldova and Ukraine.

The pipeline is set to transport 1 billion cubic meters of Azerbaijani gas per year to Bulgaria. Its capacity is 3 billion cubic meters with the possibility of expanding to 5 billion cubic meters per year.

Speaking to MTI, the Vice President emphasized that due to the energy crisis, high gas prices and the reduction in the availability of Russian sources, infrastructural developments that make alternative sources available to the region are once again ‘booming’ in Europe.

Ságvári pointed out that the demand for the further development of already existing pipelines has also appreciably increased, such as the planned doubling of the current capacity of the Trans Adriatic Pipeline (TAP), which is 10 billion cubic metres per year.

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