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Introduction

Natural gas is now the most important energy source in Hungary. In meeting the winter peak demand, and in establishing and maintaining the security of gas supply, underground storage sites play a major role. On any colder winter day, most of the country’s gas supply comes from these facilities. Being the largest commercial natural gas storage company in Hungary, Hungarian Gas Storage Ltd operates, maintains and continuously develops four underground gas storage facilities, with a total gas storage capacity of 4.43 billion m3 and a total daily withdrawal capacity of 53.6 million m3. With these figures, Hungarian Gas Storage Ltd is the largest storage provider in Central and Eastern Europe.  It is a major objective for the company to operate with a high level of excellence to ensure smooth winter gas supply in Hungary.

Personnel changes

Hungarian Gas Storage Ltd (MFGT) hereby informs its customers and partners that the following personnel changes shall be effective in the Company’s management as of 1 July 2020.

2020-06-26

Storage Tariff Change applicable as of 01 October 2020

Information on the Storage Tariff Change applicable as of 01 October 2020 We kindly inform our Customers that pursuant to HEPURA Decree No. 5/2020 (VI.2.) published in the Hungarian Official Gazette (Magyar Közlöny) No. 130 of 2020, the natural gas storage fee elements set out in HEPURA Decree No. 13/2016 (XII.20.) will be modified as of 1 October 2020.

2020-06-09

Auction Announcement Notice – 2020/3

Hungarian Gas Storage Ltd (hereinafter referred to as MFGT) on this day announces an auction for booking available storage capacities for the storage year 2020/21. The capacity auction is carried out by MFGT in line with the Storage Capacity Auction Regulation II/B document as per Annex No. 1.

2020-04-24

Notice

We hereby inform our Customers that a press release was published today on the website of GIE (Gas Infrastructure Europe) on the operation of gas storage sites amid the pandemic situation, including a statement from László Fritsch, our Company’s Chairman-CEO and President of GSE.

2020-04-20