Hungary, Croatia to build new gas pipeline

Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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solyomtwo

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Hungary, Croatia to build new gas pipeline

posted on Mar 02, 2009 05:58AM

Infrastructure is one of the key elements to move gas to the market. Croatia, as one of Hungary's closest neighbour, is the perfect market for gas from the Mako trough.

Hungary, Croatia to build new gas pipeline

http://bbjonline.hu/index.php?col=10...

Monday 15:52, March 2nd, 2009

Hungary and Croatia plan to build a new gas transit pipeline by mid-2011 which would ship gas from Hungary to Croatia, but would also allow two-way shipments later, MOL's gas transmission arm said on Monday.

The company, Földgázszáll&... Zrt, said in a reply to emailed questions that the new pipeline would have an annual capacity of around 6.5 billion cubic meters. Földgázszáll&... will build the 206-km Hungarian section of the pipeline, while Croatia will cover the costs of the 88 km stretch in Croatia. The pipeline will connect the village of Városföld in Hungary with Slobodnica in Croatia. (Reuters)

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