the Operator of the GTS of Hungary (FGSZ) said that it investment decision on the extension of the pipeline from Serbia, which Hungary will be gas “Turkish stream”, RIA Novosti reported.

the company States that the regulator approved the proposal for the ten-year development plan, which includes the construction of a new Serbian-Hungarian gas pipeline Interconnector, with a capacity of six billion cubic meters per year.

In operation a new gas pipeline plan to enter before October 1, 2021.

In October last year, President Vladimir Putin said that the country would welcome the accession of Hungary to the project of the gas pipeline “Turkish stream”. According to the Russian leader’s participation in the project “Turkish stream” is for Hungary interest from the point of view of “ensuring energy security and enhancing its role in the European energy market as a whole.”

“Turkish stream” Russian pipeline to Turkey across the Black sea. The project was launched in early 2020. Its design capacity of 31.5 billion cubic meters of gas per year.