24.07.2014

Eustream´s new gas interconnection projects are advancing

Slovak gas transmission system operator Eustream is progressing in implementation of its long term strategic plans to secure gas infrastructure interconnections with Hungary and Poland. The new interconnection point Budince with Ukraine is also on track as envisaged in the Memorandum of Understanding with Ukrtransgaz.

Slovak gas transmission system operator Eustream is progressing in implementation of its long term strategic plans to secure gas infrastructure interconnections with Hungary and Poland. The new interconnection point Budince with Ukraine is also on track as envisaged in the Memorandum of Understanding with Ukrtransgaz.

Eustream is successfully progressing in implementation of its planned investment projects, which form a vital part of the contemplated North-South Gas Corridor as envisaged and supported by the European Union.

The interconnection project with Hungary connecting the compressor station in Velke Zlievce with Hungarian Vecses aiming to secure capacity in direction Hungary up to 12 million cubic meters daily is fully completed on the Slovak side. Presently, Eustream is awaiting finalization of works at the Hungarian side with the aim to start joint testing operations as per September, 1 2014.

Polish-Slovak Interconnector – being on the priority EU PCI list and forming part of European Energy Security Strategy - is in the phase of preparatory works. Eustream together with its partner Gaz-System are progressing in their cooperation aimed at submitting the CEF application and securing documentation required for the construction commencement. It is envisaged that the project could be operational in 2018. Eustream also welcomes that the project also enjoys support of both countries‘ presidents.

In line with the Memorandum of Understanding signed between Eustream and Ukrtransgaz on April, 28 2014 and recent successful Open Season procedure, Eustream is continuing the construction Works on Vojany pipeline. The project is on track and the contracted booked capacity shall be ready for the shippers on September 1st, 2014 with pre-commissioning testing towards the end of August 2014.

Eustream’s position combining extensive capacities in both east-west and reverse directions together with the progressing north-south connections shall allow unrestricted cross border gas flows providing attractive opportunities for the shippers as well as enhancement of cross border liquidity and market integration in the CEE region.All News