In an interview with the paper, Sergeev said it would serve Hungaryʼs interests to establish a regional gas distribution center as this would improve security of supply. Hungary has the fifth largest capacity in the EU, with an ability to store approximately 6 billion cubic meters of gas.
He suggested that a local distribution center could be filled for the most part with Russian gas in the foreseeable future. Sergeev noted that sanctions imposed by the EU and Russian counter-measures are the main obstacle to Hungaryʼs exports to Russia, and he expressed hope that normal trade relations can be restored as soon as possible.
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