Hungary to take delivery of further 2.2 bln cubic meters of Russian gas

Energy Trade

Hungary will take delivery of a further 2.2 billion cubic meters of gas from Gazprom this year, meaning the country’s full supply needs are met, Minister of Foreign Affairs and Trade Peter Szijjártó said at a joint press conference with Russian Foreign Minister Sergey Lavrov in Moscow on Wednesday, state news wire MTI reports.

The sides have already agreed on the delivery of 1.5 bln cubic meters of gas for next year, but talks are starting on boosting that volume to 4.2 bln cubic meters, Szijjártó said.

Hungary is interested in taking delivery of Russian gas through the Turk Stream pipeline, running under the Black Sea, from the end of next year, if possible, he said. As an initial step to achieve this, Hungary is building a 15 km stretch of pipeline from the Serbian border connecting to the national gas transmission system, eventually allowing the delivery of 6 bln cubic meters of gas, he added.

ADVERTISEMENT

Tender for Home Solar Panel, Battery Subsidies Announced Green Energy

Tender for Home Solar Panel, Battery Subsidies Announced

Gov't Keeps Rate on General-purpose Student Loans at 7.99% Government

Gov't Keeps Rate on General-purpose Student Loans at 7.99%

Wolf Theiss Advises Kyoto Group on HaaS Delivery to Kall Ing... Deals

Wolf Theiss Advises Kyoto Group on HaaS Delivery to Kall Ing...

Budapest Police Seize Nearly 155 kg of Cocaine in Drug Bust City

Budapest Police Seize Nearly 155 kg of Cocaine in Drug Bust

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.