MOL able to supply consumers despite record cold

Jan 26, 2006 01:00 AM

Although temperatures dropped to -11 degrees Celsius (12.2 degrees Fahrenheit), and the domestic supply reached its maximum capacity, MOL Foeldgazellato, the natural gas trading unit of Hungarian oil giant MOL, claims to be able to supply domestic consumers with up to 87.5 mm cm of gas a day without restrictions.
According to experts, a temperature drop of 1 degree Celsius sees consumption rise by 1.5-2 mm cm, meaning that with any further drops the system would not be able to supply the demands.

Foeldgazellato confirmed that some 22 mm cm of natural gas is being delivered from Russia, via Ukraine, to Hungary for domestic consumption, 20-25 % less than usual, because of a spike in demand in Russia caused by the extreme cold it is experiencing. However, the company added that Hungary is taking additional deliveries of 8 mm cm of gas from Russia via a pipeline from Austria.
Additionally, domestic production accounts for 10 mm cm of demand, and 46 mm cm of gas from Hungary's reserves is also being tapped.

Olga Moreva, spokesperson for Russia's Gazprom told that the company fulfils every aspect of the contract between the two countries, but added that for anything that happens beyond the borders of Russia, in this case Ukraine, it is that country's responsibility to supply the gas.
Later the company told that it had increased the supplies by 35 mm cmpd through Ukraine, but a huge amount of this never reaches the western consumers.

After talks with the Ministry of Economy, Prime Minister Ferenc Gyurcsany announced that further arrangements are not necessary; while Janos Koka, Minister of Economics, said that negotiations have started with those power plants that are able to use alternative fuels.
Many European countries have been forced to switch to alternative fuels -- the shortage affects Italy by 5.4 mm cmpd, Croatia by 5 mm cm and Bosnia-Herzegovina has 25 % less than normal.