A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Peter Szijjarto, Minister of Foreign Affairs and Trade of Hungary, took place in Moscow today.
The parties addressed the ongoing and future cooperation, highlighting an increase in Gazprom’s gas exports to Hungary. According to provisional data, Gazprom had supplied Hungary with 5.4 billion cubic meters of gas from January 1 to September 15, 2018, an 8.6 per cent rise from the same period of 2017.
The meeting also considered the prospects of storing the Company’s gas in UGS facilities located in Hungary.
Key data points: The growth forecast = 5.0% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities and forecasts in tight gas market to 2031 by type (processed tight gas and unprocessed tight gas), application (residential, commercial, industrial production, power generation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Download free sample pagesIn addition, the parties discussed Hungary’s plans for the development of the national gas transmission system.