World

Russia starts delivering extra gas to Hungary: Budapest

Additional 2.6 mil cubic metres per day will arrive through TurkStream pipeline until end August, Hungarian Foreign Ministry says

Updated 4 years ago · Published on 14 Aug 2022 4:30PM

Russia starts delivering extra gas to Hungary: Budapest
Hungary’s Foreign Ministry says trade negotiations with Moscow have led to an agreement resulting in Russia’s Gazprom starting to deliver gas above the already contracted quantities. – TurkStream pic, August 14, 2022

BUDAPEST – Hungary said yesterday that Russia has started delivering additional gas to the European Union member following a July visit to Moscow by its foreign minister.

Hungary’s Foreign Ministry said trade negotiations with Moscow “led to an agreement”, resulting in Russia’s Gazprom starting to deliver “above the already contracted quantities” on Friday.

“It is the duty of the Hungarian government to ensure the country’s safe supply of natural gas, and we are living up to it,” ministry official Tamas Menczer said on his Facebook page.

In the first phase, an additional volume of 2.6 million cubic metres per day will arrive from the south through the TurkStream pipeline until the end of August, he said, adding negotiations are underway for September deliveries.

Hungarian Foreign Minister Peter Szijjarto made a previously unannounced visit to Moscow in July to discuss the purchase of an additional 700 million cubic metres of natural gas.

“In light of what is known about the current European market conditions, it is clear that the acquisition of such a large amount is impossible without Russian sources,” Menczer said in the post yesterday, mentioning Szijjarto’s visit.

An EU plan to cut gas consumption across the bloc by 15% to cope with an energy price crisis spurred by Russia’s war in Ukraine came into effect this week.

Some EU countries, though, had carve-outs from strictly following the rule, which was, in any case, termed a “voluntary demand reduction”.

Hungary, which relies on gas piped in directly from Russia, had demanded the exception. – AFP, August 14, 2022

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