HU-SI gas interconnector

submitted by Slovenia

Report:
Year registered: 2018
Type:
Energy
Status:Activity Reported
3SI countries proposing the project:

Hungary, Slovenia

Participating 3SI countries:

Hungary, Slovenia

Partner countries:

Italy

* not part of the 3Seas Initiative
Main objectives:
  1. Adjustment to the increasingly dynamic gas market in the region, characterised by needs of the transit of the gas, whose quantities cannot be reliably predicted, and increased tendency for the use of underground gas storage facilities and LNG terminals in the region.

  2. Fulfilling the criteria for the security of gas supply (Regulation (EU) 2017/1938), which requires an interconnection between the Republic of Slovenian transmission system with multiple gas sources by different routes, and the possibility of storing and using the gas from the underground storage facilities in the region.

  3. Establishing a new gas connection into the region:
  • The gas project HU-SI enables the connection of gas markets of the NSI East Gas area (North-South gas interconnections in Central Eastern and South Eastern Europe) and SGC (Southern Gas Corridor) area with Italian gas market via Republic of Slovenia,
  • This creates an efficient connection of gas sources from the Caspian region, the Black Sea region, new LNG sources in Adriatic Sea as well as the Mediterranean region gas sources.

The gradual convergence of gas markets to more integrated regional gas market, which supports "ACER – gas target market model" search. Such a market integration is a condition for price convergence on broader gas market.

Short description:
  • It connects currently not connected national gas markets.
  • It will contribute to the usage and development of underground gas storage capacities in South-Eastern Europe.
  • It will contribute to diversification of gas sources (LNG sources from the Adriatic region, and any other sources, which are currently available in Republic of Slovenian gas market.
  • It will improve security of supply for the existing Republic of Slovenian gas system as well as for the Hungarian gas market.
Calendar of implementation:
  • 2023
    Planning

    Phase I (gas pipeline Nagykanizsa (HU) and Kidričevo (SI)): 2023

  • 2025
    Planning

    Phase II (gas pipeline Kozármisleny (HU) and Kidričevo (SI)): 2025

Budget:

Estimated investment costs of the project for Slovenian part and capacity of 190.000 Sm3/h is 84,5 mio EUR.

Financing sources:
To be determined