The EBRD is providing a €200 million unsecured corporate loan for the completion and conversion of a Szőreg-1 reservoir in the depleting Algyő oil field, Hungary into underground gas storage facility (“UGS”). The facility is ca 80% complete and will have 1.9bcm mobile and 25mcm/day peak capacity and is planned to be used for both strategic and commercial purposes after planned commencement of operations in January 2010 (strategic) and in March 2010 (commercial).