According to Hungarian media, the stocks in state-owned natural gas storage facilities, which have a total capacity of 4.4 billion cubic meters, are far below 5 % mark, meaning that there is less than 220 million cubic meters of gas in reservoirs, and with daily consumption of 65 to 70 million cubic meters, reserves will last only for few days.
Due to low stock levels, the supply of the country currently depends on Russian Gazprom, which guarantees the supply of natural gas via Ukraine, with daily capacity of some 25 million cubic meters. Additional amount of 11 million cubic meters per day could be supplied from Austria. Russian gas could also flow through Slovak interconnection, but it is currently out of operation. Hungarian domestic gas production is insignificant and currently amounts to some 7 million cubic meters per day.
Full article available for subscribers of Energy NEWS service (PDF publications, energy news, analyses, power and trading data, tenders)
Subscription fee: 800 EUR annually – company licensed
Tags: gas, gas storage, gas supply, Hungary