Gas Guaranteed: Hungary Ready for Winter Heating Season, Says FM
- 2 Sep 2024 6:09 AM
- Hungary Matters
Hungary is ready for the heating season and natural gas supplies are continuous from the south, Foreign Minister Péter Szijjártó said in St Petersburg, adding that the country’s energy security was “guaranteed in the long term”.
Szijjártó held talks with Aleksei Miller, the CEO of Russia’s state gas company Gazprom, and the foreign ministry quoted him as highlighting the importance of the Turk Stream gas pipeline in terms of Hungary’s gas supplies, as well as Hungary’s 15-year gas purchase agreement with Gazprom, signed in 2021.
“The long-term agreement and the secure transit route in the south guarantee that natural gas delivery for Hungary is uninterrupted and stable despite an extremely difficult geopolitical environment,” Szijjártó said, according to a ministry statement.
“Gazprom is meeting its commitments taken in the 2021 agreement; Türkiye, Bulgaria, and Serbia, as reliable transit countries, ensure a continuous supply of gas from Russia to Hungary,” the minister said.
He noted that Hungary had received some 5.6 billion cubic metres of gas via Turk Stream last year, while since the beginning of 2024, the volume of gas received had amounted to 4.8 billion, highlighting the increasing importance of the southern route.
“Our gas storage facilities are 89% full … an amount which could cover 57% of Hungary’s annual demand,” Szijjártó said, adding that the European average of gas reserves was 27% of the total storage capacity.
*********************************
You're very welcome to comment, discuss and enjoy more stories via our Facebook page:
Facebook.com/XpatLoopNews + via XpatLoop’s groups: Budapest Expats / Expats Hungary
You can subscribe to our newsletter here: XpatLoop.com/Newsletters
Do you want your business to reach tens of thousands of potential high-value expat customers? Then just contact us here!
Related links
Unfriendly Deal: Above Market Price Paid by Hungary for Increased Amounts of Russian Gas
XpatLoop Media Partner
LATEST NEWS IN current affairs