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Hungary signs new gas deal with Gazprom!

Hungary doesn’t want to discuss ban on Russian gas with EU, foreign minister said

That’s only because Gazprom will supply an additional 353.8 mln cubic meters of gas to Hungary amid the pipeline shutdown in September and October, and further restrictions in winter!

Hungary signed a deal with Russia for additional gas supplies, government spokesperson Zoltan Kovacs confirmed.

Tweet by Zoltan Kovacs, Hungarian Gov’s spokeperson

Additional volumes will go through the TurkStream gas pipeline.

Gazprom inked a contract with Hungary  to supply 3.5 bln cubic meters of gas per year through Bulgaria and Serbia, with an additional 1 bln cubic meters supplied through Austria. The contract was signed for a period of 15 years

  • Russia provides around 85% of the country’s gas imports
  • Budapest is the Kremlin’s most vocal defender among EU countries.

The agreement will send up to 5.8 million cubic meters of gas a day to Hungary “on top of the contract quantity already in force,” he said.

Hungarian Foreign Minister Péter Szijjártó, currently meeting with other EU foreign ministers in Prague, said the deal, which will send gas to Hungary via Serbia, means, “We will have enough gas in Hungary.”

Hungary is highly dependent on Russian energy, getting around 80 percent of its gas from Gazprom, and opposes any EU sanctions on Russian gas.

Gazprom has cut or significantly limited deliveries to a dozen of member countries, and recently shut the undersea Russia-to-Germany Nord Stream pipeline for maintenance, sending the gaz prices soaring globally

 

@thejournalbiz
source: Politico/Tweeter
Image:Gazprom