Emfesz
Encyclopedia
Emfesz is a natural gas
distributor in Hungary
with an annual quantity of 2.3 billion
m3 from the national 14 - 15 billion
m3 thus resulting a 20% market share. It reported $779 million in turnover for 2006.
Emfesz is 100% owned by Group DF, the holding company for Ukrainian
businessman Dmytro Firtash
.
Emfesz has a contract with gas trader RosUkrEnergo
, 45% of which is owned by Firtash, for natural gas deliveries from Turkmenistan. Beginning in late 2005, some of that gas is then resold by Emfesz to Poland.
-fired power plant of 2,400 MW in Hungary
. In May 2008, the company announced that constructing of the power plant starts in 2009. The purchase of the plant's field from farmers have recently started. There will be three 800 MW powered turbines, and will be Hungary's largest power plant by 2013. The first turbine will be in operation by 2011. The power plant will take place in Nyírtass, 2,000-dwellers located town next to the Ukrainian border. The construction gives job for 3,000 people.
A former high voltage line help to place the power plant there, because since 1970s Ukraine was a large electricity supplier of Hungary through the Albertirsa-Zahidno Ukrainskaya 750 kV transmission line
. This line helps to transmission this large amount of energy to central Hungary, to Budapest and to other large towns.
Natural gas
Natural gas is a naturally occurring gas mixture consisting primarily of methane, typically with 0–20% higher hydrocarbons . It is found associated with other hydrocarbon fuel, in coal beds, as methane clathrates, and is an important fuel source and a major feedstock for fertilizers.Most natural...
distributor in Hungary
Hungary
Hungary , officially the Republic of Hungary , is a landlocked country in Central Europe. It is situated in the Carpathian Basin and is bordered by Slovakia to the north, Ukraine and Romania to the east, Serbia and Croatia to the south, Slovenia to the southwest and Austria to the west. The...
with an annual quantity of 2.3 billion
1000000000 (number)
1,000,000,000 is the natural number following 999,999,999 and preceding 1,000,000,001.In scientific notation, it is written as 109....
m3 from the national 14 - 15 billion
1000000000 (number)
1,000,000,000 is the natural number following 999,999,999 and preceding 1,000,000,001.In scientific notation, it is written as 109....
m3 thus resulting a 20% market share. It reported $779 million in turnover for 2006.
Emfesz is 100% owned by Group DF, the holding company for Ukrainian
Ukraine
Ukraine is a country in Eastern Europe. It has an area of 603,628 km², making it the second largest contiguous country on the European continent, after Russia...
businessman Dmytro Firtash
Dmytro Firtash
Dmytro Firtash is a Ukrainian businessman and billionaire .Firtash first steps in business where in in the food industry in the early 1990s before moving into gas trading....
.
Emfesz has a contract with gas trader RosUkrEnergo
RosUkrEnergo
RosUkrEnergo is a Swiss-registered venture company that transports natural gas from Turkmenistan to East European countries. 50% of the company is owned by Gazprom, through its daughter Swiss-registered Rosgas Holding A.G., and another 50% by Swiss-registered private company Centragas Holding A.G.,...
, 45% of which is owned by Firtash, for natural gas deliveries from Turkmenistan. Beginning in late 2005, some of that gas is then resold by Emfesz to Poland.
EMFESZ power plant
In November 2007, the company announced that it will borrow US$ 2 billion for the construction of a natural gasNatural gas
Natural gas is a naturally occurring gas mixture consisting primarily of methane, typically with 0–20% higher hydrocarbons . It is found associated with other hydrocarbon fuel, in coal beds, as methane clathrates, and is an important fuel source and a major feedstock for fertilizers.Most natural...
-fired power plant of 2,400 MW in Hungary
Hungary
Hungary , officially the Republic of Hungary , is a landlocked country in Central Europe. It is situated in the Carpathian Basin and is bordered by Slovakia to the north, Ukraine and Romania to the east, Serbia and Croatia to the south, Slovenia to the southwest and Austria to the west. The...
. In May 2008, the company announced that constructing of the power plant starts in 2009. The purchase of the plant's field from farmers have recently started. There will be three 800 MW powered turbines, and will be Hungary's largest power plant by 2013. The first turbine will be in operation by 2011. The power plant will take place in Nyírtass, 2,000-dwellers located town next to the Ukrainian border. The construction gives job for 3,000 people.
A former high voltage line help to place the power plant there, because since 1970s Ukraine was a large electricity supplier of Hungary through the Albertirsa-Zahidno Ukrainskaya 750 kV transmission line
750 kV Powerline Albertirsa-Zakhidnoukrainskaya
The Albertirsa–Zakhidnoukrainskaya–Vinnytsia powerline is a power transmission line between Ukraine and Hungary. It is a part of the former "Mir" transmission system between the Soviet Union and Comecon countries...
. This line helps to transmission this large amount of energy to central Hungary, to Budapest and to other large towns.