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    NGE Notes: Media reports Hungary to reserve space for Russian gas for Europe

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Summary

Russia has reserved storage space in Hungary for 700 million cubic metres (mcm) of natural gas for Europe under an agreement reached between the two

by: Sruthi

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Press Notes

NGE Notes: Media reports Hungary to reserve space for Russian gas for Europe

Hungarian business daily Napi Gazdasag is reported the Russia has reserved storage space in Hungary for 700 million cubic metres (mcm) of natural gas for Europe under an agreement reached between the two countries last month, citing unnamed sources.

Natural Gas Europe first reported the plan of Russia to supply European customers with the gas during the winter,

The newspaper said Russia plans to deposit the gas by the end of this month.