Szijjártó: Hungary must buy gas from Russia

Energy Trade

wikimedia commons

Infrastructure does not leave much room for maneuver for Hungary regarding gas imports. The only solution after 2021 is still buying gas from Russia, Minister of Foreign Affairs and Trade Péter Szijjártó said yesterday.

Currently, Hungary could import gas through three facilities: via Ukraine from Russian sources; via Austria from mainly Russian sources; and from Slovakia, which currently ships no gas to Hungary. German-Czech and Czech-Slovak interconnectors are almost fully booked by Gazprom until 2039, so they can also transport only Russian gas.

An alternative solution for transporting gas to Hungary could be Croatia and Romania, but these countries "are keeping Hungary under blockade," Szijjártó said.

Since neither the United States nor the EU have completed any infrastructure in the last few years, Hungary has no other choice but to sign a contract with Russia for gas supplies after 2021, the minister said.

Szijjártó added that negotiations about the contract for the period following 2021 have not yet started, so it is premature to criticize it. The internal annual consumption of gas in Hungary is currently around 9 billion cubic meters, and an increasing amount comes through Gazprom.

ADVERTISEMENT

EU-funded fact-checking website in Hungary launches Analysis

EU-funded fact-checking website in Hungary launches

General elections to be held on April 3 Elections

General elections to be held on April 3

Microsoft Hungary head Chris Mattheisen discusses the Vatica... Podcasts

Microsoft Hungary head Chris Mattheisen discusses the Vatica...

Most districts not planning mandatory vaccination at kinderg... City

Most districts not planning mandatory vaccination at kinderg...

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.