×
×
Project Insights

BRUA open season extended until October

FGSZ and Transgaz have delayed the deadline for booking capacity on their sections of the BRUA pipeline, suggesting FIDs on Black Sea gas projects are unlikely anytime soon FGSZ and Transgaz have delayed the deadline for booking capacity on their sections of the BRUA pipeline, suggesting FIDs on Black Sea gas projects are unlikely anytime soon
By Silvia Favasuli 31 May 2019 Europe & Russia / Exploration & Production 0 34268
The Petromar Central platform in Romania's Black Sea. (OMV)

The transmission system operators (TSOs) of Hungary and Romania have again extended the period for booking binding capacity on their sections of the Bulgaria-Romania-Hungary-Austria (BRUA) pipeline, suggesting FIDs on Black Sea gas projects remain some way off.

Hungarian TSO FGSZ and its Romanian counterpart, Transgaz, said on Thursday that they would extend the fourth and final phase of the open season for booking binding capacity on the Hungary-Romania interconnection point until 1 October – four months later than the previous deadline of 30 May.

This is the...