EC Energy Price Proposals 'Unsuitable', 'Dangerous' - Szijjártó

EU

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European Commission proposals announced on Tuesday that aim to fight high energy prices and ensure secure supply are "unsuitable" and "dangerous", Minister of Foreign Affairs and Trade Péter Szijjártó said ahead of a cabinet meeting on Wednesday, according to a report by state news wire MTI.

Szijjártó said a "price cap, which of course isn't called that" in the proposal, would result in Russia cutting off its gas supply to Europe.

The EC proposed "price limiting mechanisms", joint gas purchases, and solidarity between member states on Tuesday.

Szijjártó said Hungary's gas supply through the TurkStream pipeline is "secure for the long term" after a company registered in the Netherlands that does maintenance work on the pipeline was re-issued its export permit by Dutch authorities. He added that talks with the Dutch energy minister on the matter had taken place on a number of occasions.

Hungary gets most of its Russian gas through the TurkStream.

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