Menczer noted that the government had earlier decided to procure an additional 700 million cubic meters of gas to ensure Hungary's supply as Europe faces an energy crisis caused by the war and sanctions. Talks Minister of Foreign Affairs and Trade Péter Szijjártó held in Moscow paved the way for an agreement on the basis of which Gazprom has started delivering additional gas volume, he added.
In the initial phase, Gazprom will deliver a daily 2.6 million cubic meters of additional gas through the TurkStream pipeline until the end of August, he said. Talks are underway on the pace of deliveries in September, he added.
Menczer noted that Hungary's gas storage facilities are at over 32% capacity, while the European Union average stands under 20%.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
