The National Gas Transmission Company – TRANSGAZ, Romania and FGSZ Natural Gas Transmission Ltd., Hungary signed A Development Agreement for the Construction of the Szeged – Arad Interconnection Pipeline.
Based on the Memorandum of Understanding signed between the two companies, FGSZ Ltd. invites all interested parties to participate in the Open Season process to be launched on August 5th, 2008 for the selling of 180,000 cm/h capacity on the Hungarian section of the interconnection pipeline.
The bidders are kindly asked to notify FGSZ Ltd. of the necessary capacity for the period January 1st, 2010 – July 1st, 2030. The deadline for bid submission is September 3rd, 2008 and the awards shall be communicated on September 10th, 2008.
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