For the first time, Ukraine and Hungary offer firm capacity for gas imports on the quarterly basis

Gas Transmission Operator of Ukraine (GTSOU) actively works on the creation of firm capacity for alternative routes of gas imports.  

GTSOU and Hungarian Gas TSO FGSZ agree on the prolongation of firm capacity for gas transportation from Hungary to Ukraine till September 30, 2022. It will allow increasing capacity for gas imports to Ukraine before the next heating season.

Therefore, customers will be able to book the necessary capacity for import to Ukraine at quarterly auctions. Currently, the agreement is operating in the pilot mode, while TSOs are working on introduction of firm capacity for imports from Hungary on a permanent basis, as well as on maximization of its level.

“Since January 1, 2022, we have increased firm capacities for gas imports to Ukraine by almost 30% and opened access to new sources of natural gas supply, namely to the LNG terminal on the island of Krk (Croatia). In order to diversify its gas supply sources and strengthen Ukraine’s energy security, GTSOU continues to work on increasing firm capacity for gas imports from Hungary on a permanent basis. Now, more than ever, we see our task in expanding opportunities for Ukrainian importers to access various routes and sources of natural gas supply to stabilize the situation in Ukraine, in all scenarios of Gazprom’s behavior, “said CEO of GTSOU Sergiy Makogon.

The agreement between Gas TSO of Ukraine (GTSOU) and FGSZ allows the network users to physically transport up to 8 mcm of natural gas per day from Hungary to Ukraine. Together with the existing 27 mcm of daily capacity from Slovakia, this increases the total amount of firm gas import capacity to 35 mcm per day.