Hungary has come to an agreement with Gazprom, gas will continue to be delivered even beyond the term of the contract

Hungary has come to an agreement with Gazprom, gas will continue to be delivered even beyond the term of the contract
Hungary has come to an agreement with Gazprom, gas will continue to be delivered even beyond the term of the contract

The Hungarian Minister of Foreign Affairs, Pter Szijjrt, informed today that an agreement had been reached on additional supplies of Russian gas. In August, Gazprom supplied 2.6 million cubic meters of gas per day to Maarsk in excess of the long-term contract.

The supplied supplies, according to the minister, will contribute to Maarsk’s energy security and will help it avoid restrictions due to possible gas shortages. Hungary will have enough gas, the MTI agency quoted the minister as saying. Szijjrt also stated that gas resources in Hungary now amount to 36.5 percent of annual consumption, while the average across the European Union is 21.5 percent, according to him.

According to a long-term contract signed last year, Hungary will receive 3.5 billion cubic meters of Russian gas from Bulgaria and Serbia, and Austria will supply one billion cubic meters. The agreement with Gazprom was agreed for 15 years.

The invitation to supply Russian gas to Hungary at a time when Russia is restricting gas supplies to Europe. The situation surrounding the supply of Russian gas became more complicated when Russia cut off the flow to Ukraine in November and the European Union imposed a series of anti-Russian sanctions in response. Russia attributes the limited gas supply to technical problems. However, the EU claims that the technical problems are just a mention and that Moscow will use gas as a weapon to assert its interests.

The Prime Minister of Maastricht, Viktor Orbán, condemned the Russian invasion of Ukraine, but he did not take such a strong position on Russia as some other countries in Europe. He voted together with his partners in the EU for sanctions, but for weeks he blocked the bill for the destruction of Russian oil imports, he did not manage to get an exception for Hungary.

Orbán thus declared that the West’s strategy to support Ukraine attacked by Russia is not working, the new approach should be focused on peace negotiations, not on a war. According to Orbán, Budapest will not support European sanctions related to the import of Russian gas, because it does not want the Hungarian economy to suffer.

The article is in Czech

Tags: Hungary agreement Gazprom gas continue delivered term contract

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