Hungarian Unit of German E. ON To Supply 200 Mln Cu M Gas to Serbia This Winter

“[On Thursday] in Budapest E.ON Földgáz Trade has signed a gas supply agreement with Serbian gas company, Srbijagas. Under the contract, E.ON Földgáz Trade will deliver 200 million cubic meter natural gas to Serbia in the winter of 2009/10,” E.ON Földgáz Trade said in a statement made available to SeeNews on Friday. Srbijagas operates as the country’s state-owned gas monopoly.

The gas will be delivered from E.ON Földgáz Trade’s supply portfolio and stored in E.ON Földgáz's underground storage facilities in Hungary. The agreement will allow Srbijagas to order deliveries of up to 3.0 million cu m per day, which is about one-third of the country’s peak demand, even in the case of international supply interruptions, the statement said.

A price row between Kiev and Moscow left Serbia together with other countries in Southeast Europe struggling for Russian gas supplies in subzero temperatures for nearly two weeks in January. Serbia negotiated emergency gas shipments from Hungary, Austria and Germany to fill the gap.

During the January gas crisis, E. ON supplied more than 30 million cu m of natural gas to Serbia. The country’s winter gas consumption is 10-11 million cubic metres a day.