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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.

2019/1 Auction - Notice

Effective as of 13.03.2019, 14:00 hours, Hungarian Gas Storage Ltd revokes capacity auction No. 2019/1 announced on 07 March 2019, upon its right set forth in the final provisions of the auction announcement notice.

2019-03-13

Auction Announcement Notice – 2019/1

Hungarian Gas Storage Ltd (hereinafter referred to as MFGT) on this day announces an auction for booking available storage capacities for the storage years 2019/24 for a period of minimum 2, maximum 5 years. The capacity auction is carried out by MFGT in line with the Storage Capacity Auction Regulation II/A document as per Annex No. 1 and the specifications of this Auction Announcement Notice. In the event of any difference or contradiction between the two documents, the stipulations herein shall prevail.

2019-03-07

Early Registration Process for the Auctions to be Announced in Storage Year 2019/2020 by Hungarian Gas Storage Ltd

Hungarian Gas Storage Ltd (hereinafter referred to as MFGT) offers the opportunity of early registration in relation to the capacity auctions to be announced in storage year 2019/2020 in order to facilitate participation in the auctions.

2019-02-25

Storage capacity offer of Hungarian Gas Storage Ltd for the storage year 2019-2020, available capacities from 1st April 2019

We kindly inform our Partners that pursuant to Act No. XL of 2008 on Natural Gas Supply (hereinafter Gas Act), and pursuant to Government Decree No. 19/2009 (I.30.) on the implementation of this act (hereinafter Gas Act Implementation Decree) and in accordance with Section 8.11 of the Operational and Trading Code (hereinafter Grid Code), Hungarian Gas Storage Ltd (hereinafter referred to as MFGT) has published on its website (www.magyarfoldgaztarolo.hu) and IT Platform its free injection, withdrawal and working gas capacities available to book as of 1st April 2019 for one or more full storage years - not exceeding 10 storage years - with regard to the unified natural gas storage according to the following:

2019-01-30