Hungary to Keep Seeking Additional Russian Gas

Energy Trade

Péter Szijjártó

Photo by I T S / Shutterstock.com

Hungary will continue talks with Russia on additional gas supplies and expects to reach a deal with Gazprom to boost supplies further from next month, Minister of Foreign Affairs and Trade Péter Szijjártó said yesterday, according to Reuters.

"Like it or not, we will continue talks with the Russians about increasing gas shipments to Hungary," Szijjártó told a business meeting. "There is an offer to increase gas shipments, we will finetune that with Gazprom in the next few days, and we will sign an agreement under which we could get increased daily shipments."

The minister did not give any details about volumes or prices.

Szijjártó met his Russian counterpart Sergei Lavrov in Moscow last month, seeking 700 million cubic meters of gas on top of an existing long-term supply deal with Russia.

Gazprom started to increase gas supplies to Hungary this month, adding to previously agreed deliveries via the Turkstream pipeline.

ADVERTISEMENT

Poland Inflation Surges in February  Figures

Poland Inflation Surges in February 

Parliament Negates Mandatory Membership in MOK Parliament

Parliament Negates Mandatory Membership in MOK

Schneider Electric Lays Cornerstone of HUF 16 bln Plant in H... Manufacturing

Schneider Electric Lays Cornerstone of HUF 16 bln Plant in H...

Kinizsi Castle Reopens in Nagyvázsony History

Kinizsi Castle Reopens in Nagyvázsony

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 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.