Companies & Finance

Shorter BRUA may hit supply diversity/Black Sea gas

Hungary’s proposal to stop the BRUA pipeline from extending into Austria could keep it from helping with supply diversity in the region Hungary’s proposal to stop the BRUA pipeline from extending into Austria could keep it from helping with supply diversity in the region.
By Annemarie Botzki 31 July 2017 0 26978
The Trans-Adriatic Pipeline in Greece. The changes to BRUA may see Romania seek to connect to TAP. (TAP)

Hungary’s proposed shortening of the Bulgaria-Romania-Hungary-Austria (BRUA) pipeline means the project is unlikely to help diversify regional gas supplies and could make it harder to monetise Black Sea gas. The Hungarian gas transmission system operator (TSO) FGSZ announced on 21 July that the pipeline may only extend as far west as Hungary because the Austrian section is not economically viable. 

Hungary’s location means the country plays a crucial role for the EU’s strategy to diversify its supplies and increase competition in the Central Eastern...