Hungary will start receiving gas bypassing Ukraine

Hungary will start receiving gas bypassing Ukraine

The work was carried out in cooperation with Serbia. The comes through Bulgaria, which has almost completely switched to natural gas from the Turkish Stream

Serbia and have completed the construction of a gas pipeline, thanks to which Hungary will be able to receive Russian gas bypassing Ukraine through the Turkish Stream and the Balkan Stream. The construction was carried out by the Serbian company Srbijagas and the Hungarian FGSZ. Gas supplies via the new route should begin on October 1.

The “Balkan Stream” is essentially a continuation of the” Turkish Stream”. In 2020, Bulgaria already received almost all of its gas through the new route through the Turkish Stream, and not through Ukraine. Greece and Northern Macedonia joined Bulgaria. Now it is planned that the gas of the “Turkish Stream” through Serbia should reach and Austria.

Now the first stage of creating a bridge between Serbia and with a capacity of 6 billion cubic meters is being implemented. M per year. It provides for the construction of 15 km of the linear part. Expansion of the bridge to a capacity of 8.5 billion cubic meters. M per year was postponed from October 2022 to October 2023, as Hungary was afraid of US sanctions.

Recall that the Turkish Stream is a gas pipeline project from to Turkey through the Black Sea and further to the border of Turkey with neighboring countries in the west. The first line of the gas pipeline is intended for the Turkish market, the second for the countries of Southern and South-Eastern Europe. The capacity of each line is 15.75 billion cubic meters of gas per year.

In November 2018, Gazprom completed the construction of the offshore section of the Turkish Stream. The Russian corporation estimates the total budget for the construction of the gas pipeline at 7 billion euros, but, according to experts, the Turkish Stream will cost the Kremlin at least 11.5 billion euros.

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