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Mon, 25 June 2007
HUNGARY’S oil and gas company MOL is understood to be considering expanding capacity along the domestic stretch of the Friendship gas pipeline, which carries Russian gas to Europe via the Ukraine. The expansion would increase capacity to 10bn cum/yr by increasing the supply of Russian gas until other potential supply routes come online by 2015.
The plan is designed to ensure that there is sufficient capacity available to new market entrants following liberalization of the gas market in 2008, the company said. Currently, most of the pipeline's capacity goes to E.ON Ruhrgas, which owns MOL's gas-transmission business.
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