As Budapest looks to enhance its security of gas supply, Hungarian foreign minister said the country could begin importing LNG from Qatar via the planned LNG terminal in Croatia from 2021.
To diversify Hungary supply away from dependence on Russian imports, it is keen to add new sources of gas.
Hungary, with the startup in 2021 of Croatia's 2.6 Bcm/year floating LNG import terminal at Krk, will be able to source regasified LNG via the new capacity to link to Croatia that is due to be completed by end-2019.
Meanwhile, Qatar has been looking to secure long-term markets in Europe for its expanded output. It plans to raise LNG production capacity to 110 million mt/year from 2024 compared to 77 million mt/year now.
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Published on October 25, 2019 12:16 AM (GMT+8)Last Updated on December 30, 2019 7:09 PM (GMT+8)
