The first shipment of liquefied natural gas (LNG) has arrived from the Croatian import terminal to Hungary, adding a new mode and route to the domestic gas supply chain, which is currently mainly used for transportation purposes . Soon, the road could also be opened for industrial use, ARELGAS Ltd told MTI on Wednesday.
After ARELGAS Ltd became the first company in Hungary to put its first LNG transport tank train into operation, the possibility opened up for the gas to arrive in Hungary not only by pipeline but also by transport vehicle, often referred to as “virtual pipeline”, from the LNG facility FSRU (Liquefied Natural Gas Floating Storage Regasifier Unit) on the island of Krk, the nearest LNG import terminal to Hungary.
The Krk terminal, operational since January 2021, will be mainly responsible for receiving and storing liquefied natural gas (LNG) transported by tankers 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 tankers. In addition to natural gas, this will allow the start of liquefied natural gas from Krk to Hungary.
The ARELGAS Ltd LNG vehicle, after having been tested and commissioned, was prepared in accordance with the extremely complex technical and safety requirements of the terminal.
“The arrival of the first Hungarian vehicle from the Krk terminal and its subsequent transfer to the gas storage reservoir is an important step in terms of security of supply, diversification of the transport route and, of course, opportunity for cost reduction. The shortening of the transportation route to supply industrial customers and therefore more accurate delivery planning is an important outcome of the process that has now been initiated,” the company statement reads.
Hungary currently has 3 LNG service stations, two of which are operated by ARELGAS Ltd along the M0 motorway. The third, which is about to open, is located in Mosonmagyaróvár, along the M1 highway. 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 data from the state-owned company, 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 inception in March last year.