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Hungary-Slovenia Gas Interconnector Cleared

Energy Trade

The construction of an interconnector between the gas networks of Hungary and Slovenia has been given the go-ahead, Minister of Foreign Affairs and Trade Péter Szijjártó said in a post on Facebook on Tuesday, after talks in Ljubljana, according to a report by state news wire MTI.

"We have finalized our cooperation agreement in the area of energy and, as a result, the construction of the Hungarian-Slovenian gas interconnector has been given the green light," Szijjártó said.

The interconnector will have an annual capacity of 440 million cubic meters and clear the way for deliveries through the Italian-Slovenian-Hungarian gas corridor, he added.

He said the agreement would be signed in Budapest, early in October.

Slovenia is the only neighboring country with whom Hungary does not yet have a gas interconnector, he noted.

Szijjártó said the sides had reached a common understanding on the "fundamental issues" regarding a Hungarian-Serbian-Slovenian electricity exchange, paving the way for its launch early next year.

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