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18.06.2015

Launching the commercial operation of Slovakia-Hungary Interconnector is threatened

Due to failure to meet the conditions of the contract for the construction of the section of gas pipeline on the part of the Hungarian partner, the company Magyar Gaz Tranzit (MGT), Eustream can not guarantee the launch of commercial gas transport scheduled for 1 July 2015.

The Hungarian partners have not so far handed over to the Slovak party  the Slovak part of the section of crossing the river Ipeľ (IRCS) built between the municipalities Slovenské Ďarmoty and Balassagyarmat. It is a part of the pipe passing underneath the river Ipeľ, the construction of which , also  on the Slovak territory, was realized by a Hungarian subcontractor selected by MGT.

That fact is insuperable obstacle preventing  the Slovak party from operation of the Slovak section of the  Slovak-Hungarian pipeline. 
Works on the pipeline itself and the optical link IRCS are completed, but the site is not put  into a condition which should come under the relevant contracts before accepting the work and Eustream is not the owner of the relevant part of the pipeline under the river Ipeľ. Eustream does not accept the work until the safety of the whole region is ensured. The Hungarian party is obliged to carry out a reconstruction of the first unsuccessful borehole IRSC, which is required by the Hungarian and Slovak authorities.
 
Eustream is ready to launch the commercial operation of the pipeline, immediately after solving this issue.
 
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