Eustream Proposes Technical Adjustment to Enhance Market Integration in Central Europe
Eustream said that the north-south direction in the transmission systems in Czech Republic and Slovakia can be strengthened through the construction of a new compression station that would more than double the technical capacity from the Czech Republic to Austria to 140 mcm/day by 2018.
“The system is in this north-south direction currently booked close to its maximal technical capacity,“ Eustream’ general director Rastislav Ňukovič said in a note released on Wednesday.
According to Slovakia’s TSO, the extension of the capacity between the interconnection points Lanžhot (CZ/SK) and Baumgarten (SK/AT) would lead to higher market integration in Central Europe.
‘Eustream is prepared to actively support and promote this new concept and to provide to all concerned partners the maximum possible details about this concept’ reads the press release.
Recently, the European Investment Bank approved a total of €8 billion of financing which includes four investment projects in energy efficiency, renewable energy and strategic energy infrastructure.
“The Investment Plan for Europe and the Energy Union are a winning team: there are plenty of economically-viable projects in infrastructure, renewables, energy efficiency, research, innovation and transport” European Commission Vice-President Maroš Šefčovič commented in a note released on Wednesday by his office.
Eustream is also proposing the so-called Eastring project, which would have an initial capacity of 12.5 bcm. It would connect the existing gas infrastructure between Slovakia and Romania/Bulgaria.
Ukraine would like to tap into opportunities stemming from higher integration. On Tuesday, Ihor Prokopiv, the president of Ukraine's gas transport monopoly Ukrtransgaz, said that the country is exploring importing Romanian gas to diversify supplies.
Meanwhile, contractor Fernas Insaat reportedly said that everything is ready in Eskisehir for the construction of the TANAP project.
Iranian authorities added that they will discuss gas export options with European companies next month.
‘Hamidreza Araqi … [said] that his company is in talks with foreign investors willing to invest in Iranian gas pipeline projects, but no agreement has been signed so far’ reads a note released on Wednesday by National Iranian Gas Company (NIGC), reporting the words of the Iranian deputy minister of petroleum who is also managing director of NIGC.
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