HUSIIT

The Hungary – Slovenia – Italy natural gas corridor (HUSIIT) is an important route and source diversification option enabling the possible transit of Romanian and potentially other Black Sea offshore gas resources to Italy as well as an access-point for Hungary – and a number of other Central and Eastern European countries - to the Italian LNG market. The realization of this corridor would not only provide an alternative supply route for all involved countries and the wider region but would also grant access for Italy and Slovenia to the Hungarian storage capacities.

• a) Establishing a new gas connection into the region:
  • a. 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,
  • b. This create 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.
• b) Adjustment to the increasingly dynamic gas market in the region, characterised by needs of the transit of the gas, whose quantities can not be reliably predicted, and increased tendency for the use of underground gas storage facilities and LNG terminals in the region.
• c) 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.
• d) 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.