Finance Minister Sinisa Mali said in Budapest on Wednesday that Hungary has agreed to allow Serbia to store half a billion cubic meters of natural gas in its facilities.
Speaking after talks with Minister of Foreign Affairs and Trade Péter Szijjártó, the Finance Minister said that the storage facility will be filled by the end of June and that Serbia can draw between 3 and 6 million cubic meters of gas a day between October and March next year.
Mali said that Hungary agreed to allow Serbia to buy its gas and gas from other countries. “They were reasonable enough to allow both possibilities and we will decide which one over the next few days,” he said.
Szijjártó said confirmed that Hungary will allow Serbia the use of its storage capacities to secure enough gas for the winter. According to him, energy security is a practical issue not an ideological phrase. “We are guaranteeing transit lines for fuels to each other,” he said and added that the two countries agreed to link their power grids, a project he said would take up to eight years to complete.