HUSKAT Bid submission window I - results
Magyar Gáz Tranzti Zrt.( MGT) , eustream a.s. ( Eustream) and Gas Connect Austria (GCA) would like to thank participants for the active participation an submitted Bids in the first bidding round of the HUSK-AT Alternative Allocation Procedure.

At Balassagyarmat – Velké Zlievce Interconnection Point (BGY/VZ IP) the majority of submitted binding capacity demand was for the length of 7 years period, with around 50% level of the offered capacity level (Level II). The capacity demand in the Slovak part of the HUSKAT project did not reach the level for the positive result of the economic test which is required for bundled capacity allocation at the BGY/VZ IP and Baumgarten IP.

In order to reach both the positive economic test on the Slovak side and the positive economic test for the offer level II. on the Hungarian side, if market demand requires offer level II., herewith MGT, Eustream and GCA invite the Bidders to the second Bid submission window which will be conducted from 06 October till 19 October 2018.

Construction Inauguration Ceremony for Poland – Slovakia Gas Interconnection
Eustream has obtained the valid construction permit for the Slovak part of the Poland – Slovakia Gas Interconnection at the beginning of August. In practice it means that this EU’s Project of Common Interest moved from the preparatory phase to the realization phase – enabling the Slovak transmission system operator to proceed according to the schedule, with planned commissioning of the new pipeline in year 2021. In this occasion, construction inauguration ceremony took place at the compressor station in Veľké Kapušany, with the presence of the Slovak prime minister Peter Pellegrini, minister of economy Peter Žiga, Plenipotentiary of the Government of Poland for Strategic Energy Infrastructure Piotr Naimski, CEO of GAZ-SYSTEM Tomasz Stępień, CEO of Eustream Rastislav Ňukovič and other state, municipal and business representatives, including INEA representative.

“Commencing gas pipeline construction works in Slovakia is another great step towards reaching the goals of the EU energy policy. Our project will allow for diversification of the CEE region gas sources and will contribute to the enhancement of the regional security of supply and integration of the natural gas markets. I am glad to be here today with our business partner – Eustream, looking forward to our future fruitful cooperation” – said Tomasz Stępień, CEO of GAZ-SYSTEM.

“This project is an example of excellent cooperation between our countries and companies. The new interconnection will bring new possibilities for gas trade in benefit of CEE customers. I would like to thank our business partners and all stakeholders, who helped to make this important European Project of Common Interest possible” – said Mr Rastislav Ňukovič, general director of Eustream.

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