Hungary and Slovakia signed MoU on Eastring
30 October 2017, Kosice
Slovak Economy Minister Peter Žiga and Hungarian Minister of Foreign Affairs Péter Szijjártó signed the Memorandum of Understanding on project Eastring. The document was signed in the presence of Slovak Prime Minister Robert Fico in Košice.

The Parties of the Memorandum articulated their support to the gas transmission project Eastring and to the concept of Southern Pipeline Corridor, in accordance with the EU legislation.

Eustream’s project Eastring is the EU’s Project of Common Interest (PCI). It can provide shippers with possibility to supply Balkan countries and Turkey from European hubs and will be ready for future gas imports to Europe from well-established and also alternative sources - the Caspian region and the Middle East. Eastring can secure natural gas supply for 100 percent of all Balkan countries` natural gas consumption. The European Commission has awarded the support for the Eastring project by funding the feasibility study under the Connecting Europe Facility (CEF) mechanism up to 50 percent of the eligible costs.