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Ukrtransgaz to merge cross-border pipelines with Hungary's FGSZ
Journal Staff Report

KIEV, June 5 - Ukrtransgaz, the Ukrainian operator of the gas transportation system, and Hungarian operator FGSZ on May 29 signed an agreement on the merger of cross-border gas pipelines (an interconnection agreement) between Ukraine and Hungary, Naftogaz Ukrainy reported.

"The agreement concerns all gas pipelines crossing the Ukrainian-Hungarian border and is fully consistent with EU energy legislation. In this sense, this is the first such agreement between Ukrtransgaz and the gas transportation system (GTS) operator of the neighboring EU country. According to the intention of the European Commission, this agreement will serve as a model for other interconnection agreements between the gas transportation system operators of the EU member states and Ukrtransgaz," the press service said.




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