02.07.2014

Evaluation of the Open Season procedure for Vojany-Užhorod pipeline

Slovak gas transmission operator Eustream has finalized the evaluation of the Open Season procedure. As part of the market survey for gas transmission via the Vojany-Užhorod pipeline a number of shippers have expressed their interest and submitted their binding bids to Eustream.

Slovak gas transmission operator Eustream has finalized the evaluation of the Open Season procedure. As part of the market survey for gas transmission via the Vojany-Užhorod pipeline a number of shippers have expressed their interest and submitted their binding bids to Eustream.

Eustream has evaluated the Open Season as successful. The results have confirmed the market interest in gas transmission through the Vojany-Užhorod pipeline in direction to Ukraine.

The Open Season procedure has been launched on May 26 2014 in accordance with the Memorandum of Understanding signed between the Slovak company Eustream and the Ukrainian company Ukrtransgaz on April 28 2014 in Bratislava in presence of both countries. On grounds of successful results of the Open Season Eustream continues in implementing the Memorandum of Understanding and comissioning of Vojany pipeline.
Eustream hereby declares that the Open Season procedure has ended. The newly established interconnection point Budince with its exit capacity shall be added to the other existing interconnection points of Eustream’s network and shall be offered to the market at standard and non-discriminatory conditions.
The interconnection of Slovakia and Ukraine by means of the newly established interconnection point Budince in the vicinity of existing interconnection point Veľké Kapušany interconnecting the transmission networks of both companies Eustream and Ukrtransgaz shall facilitate new opportunities for gas transmission and bolster the cross-border liquidity.All News