László Fritsch, MFGK: The Role of Natural Gas Will Remain Stronger in SEE
Date: February 22nd 2021
Author: Alenka L. Klopčič, Tanja Srnovršnik
Category: En.vision
Topic:
Energy policy
, Economy
, Gases
Several new gas projects were launched in South East Europe (SEE) at the beginning of this year: the liquefied natural gas (LNG) terminal in Croatia, and the Balkan Stream - as part of the Turkish Stream - in Serbia, while the first Azeri gas deliveries have arrived in Bulgaria and Greece via TAP. How important are such new projects for the region? According to László Fritsch, the CEO of Hungarian Gas Trade Ltd. (MFGK), they are extremely important, especially because the role of natural gas will remain stronger for longer in the SEE region than elsewhere. Check out what else the head of MFGK (part of the MVM Group), which, among others, received the first LNG cargo at the Croatian LNG terminal on 1 January, told Energetika.NET in a recent video interview on the future of gas in the SEE region.
New natural gas sources bring freshness to the energy mix
When asked about the competitiveness of LNG compared to pipeline gas, Fritsch said that as can be seen by the current situation in Asia, LNG can become very competitive, but can also become more expensive; either way it will become an important part of the whole energy mix.
In the SEE region “gas is much more than a transitional fuel”
Watch the whole video interview HERE.
This article is available also in Slovene.
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