The failure of the second auction for booking capacity on the Romania-Hungary interconnection point has cast further doubt on the prospects of the Bulgaria-Romania-Hungary-Austria (BRUA) pipeline.
Hungarian transmission system operator (TSO) FGSZ and its Romanian counterpart Transgaz said in a joint report on Monday that capacity bookings at the Horia-Csánadpalota interconnection point had failed to meet the target they had set for proceeding with the project.
The Hungarian TSO said it would need a further HUF 12.25 billion ($44 million) worth of capacity bookings...
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