First shipment of liquefied natural gas from Croatia arrives in Hungary!

The first shipment of liquefied natural gas (LNG) has arrived from the Croatian import terminal to Hungary, thus adding a new mode and route to the domestic gas supply chain, which currently serves mainly transport purposes. Soon, the route may be opened for industrial use as well, ARELGAS Ltd told MTI on Wednesday.

After ARELGAS Ltd became the first company in Hungary to put into operation its first LNG transport tanker train, the possibility opened for gas to arrive in Hungary not only by pipeline but also by transport vehicle, often referred to as a “virtual pipeline”, from the LNG FSRU (Liquefied Natural Gas Floating Storage Regasifier Unit) facility on the island of Krk, the closest LNG import terminal to Hungary.

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The Krk terminal, which has been in operation since January 2021, will be primarily responsible for receiving and storing liquefied natural gas (LNG) transported by tanker vessels and, after regasification, transporting it by pipeline to the interior of the continent, including Hungary.

This spring, they said, additional activities could be launched at the terminal, with the possibility of loading road tankers. In addition to natural gas, this will enable the start of the liquefied natural gas from Krk to Hungary.

ARELGAS Ltd’s LNG carrier vehicle, after being tested and placed in service, was prepared in accordance with the terminal’s extremely complex technical and safety requirements.

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“The arrival of the first Hungarian vehicle home from the Krk terminal and its subsequent transfer to the gas storage tank is a milestone in terms of security of supply, diversification of the transport route and, of course, the possibility of cost reduction. The shortening of the transport route to supply industrial customers and thus more accurate scheduling of the delivery is an important result of the process that has now been launched,” the company’s statement said.

Hungary currently has 3 LNG filling stations, two of which are operated by ARELGAS Ltd along the M0 motorway. The third, which is about to open, is located at Mosonmagyaróvár, along the M1 motorway. Next year, the number of filling points in Hungary will double to meet the needs of the growing number of LNG-powered vehicles.

According to public company data, in its first year of operation in 2021, ARELGAS Ltd. has generated HUF 35 million in revenue and HUF 2.5 million in profit since its establishment in March last year.

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Source: mti.hu