According to a news release issued by Gazprom in Moscow, the two sides have discussed issues relating to reliable winter natural gas supply to Hungary and the construction of the South Stream gas pipeline.
At the Budapest meeting the two sides also reviewed the preparatory stages of the South Stream pipleline project paying particular attention to the section of the piplene between Hungary and Austria. They also reviewed the project's environmental impact and other related projects still in planning stages. The construction company that will build the Hungarin section of the South Stream pipeline will be selected by the end of October.
The statement emphasizes that Hungary will recieve the first Russian gas deliveries through the South Stream pipeline in 2017. The statement stressed that the first gas deliveries to Europe will start at the end of 2015 and the beginning in 2016. The South Stream pipeline will reach its total capacity in 2018; by then, it will deliver 63 billion cubic meters or natural gas per year to European customers.
(MTI – hungarianambiance.com)