Ukrainian company may trade gas in Hungary

6 November 2013 17:09  3450152 050913
Ukrainian company may trade gas in Hungary

The subsidiary of the energy holding DTEK - DTEK Magyarorszag Kft plans to sell natural gas in Hungary.

This is stated in the regulations of the DTEK Magyarorszag on gas trade, the "Ukrainian News" reported.

According to the document, the company may both sell gas on the domestic market of Hungary and carry out export and import operations.

The Regulations of the DTEK Magyarorszag are dated September 2013.

The DTEK Magyarorszag Kft was incorporated in 2010 to trade in electricity. Recall that since July 2013, the "DTEK Trading" (a subsidiary of the DTEK) has started importing natural gas via Hungary (the reported volume is up to 100 million cubic meters per month).

At the end of October 2013, the "DTEK Trading" started supplying gas through Poland under the contract with Polskie Gornictwo Naftowe i Gazownictwo SA (Poland).

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