Hungary strikes deal with Gazprom on gas deliveries
Hungary has reached an agreement with Russiaʼs Gazprom on the volume and price of next yearʼs gas deliveries, Minister of Foreign Affairs and Trade Péter Szijjártó announced today, after participating at the St. Petersburg International Economic Forum.
Negotiations were also started on gas deliveries for 2020, Szijjártó said, noting that Hungaryʼs long-term contract for gas deliveries from Russian runs until 2021, national news agency MTI reported.
Szijjártó met with Russian Foreign Minister Sergey Lavrov, Minister of Industry and Trade Denis Manturov, Gazprom CEO Alexey Miller and Rosatom deputy-CEO Kirill Komarov during his visit to St. Petersburg.
Rosatom said on Friday that it would start construction of two blocks at Hungaryʼs Paks nuclear power plant in 2020 and that the blocks would go online in 2026 and 2027. Rosatom is the general contractor for the Paks project.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.