Hungary "willing to help Serbia with gas storage"

Hungary is willing to help Serbia secure the energy it needs and store natural gas for it, Serbia's Energy Minister Aleksandar Antić said on Tuesday.

Izvor: Tanjug

Wednesday, 17.09.2014.

15:12

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Hungary "willing to help Serbia with gas storage"

There are two options, one for Gazprom to store some gas in Hungary for the needs of the region and Serbia would then get some of that gas, Antić pointed out.

The other possibility is for Serbia to store some 150 million cubic meterss of gas in Hungary based on a long-term contract with Gazprom, the minister stated.

"Those would not be nre quantities, but those already agreed, which we would then call for earlier. The government has yet to discuss the ultimate decision," he noted, stressing that the decision had to be made within a reasonable amount of time.

Once the gas starts coming out of the storage facility, it cannot be pumped back in, he explained.

September is the month in which the decision should be made, and the price will be free of additional taxes, he stated.

The important thing is that Hungary has promised not to delay deliveries to Serbia in case of a gas crisis, and that all the gas in transit and storage that belongs to Serbia will be delivered, Antić said.

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