A joint effort by Budapest and Bratislava to divert the planned Bulgaria-Romania-Hungary-Austria pipeline into Slovakia is on the verge of collapse.
Magyar Gaz Tranzit (MGT) – one of Hungary’s two gas transmission system operators – has so far failed to secure binding bids from shippers for the Hungary-Slovakia-Austria (HUSKAT) corridor. The plan would see the capacity of the Hungary-Slovakia interconnector expanded from 1.75 billion cubic metres per year to 4.4 bcm/y.
The TSO said last week that the third phase of bidding did not generate enough interest...
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