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GAS SUPPLIES SECURED FOR 2020

 

Hungary has secured enough gas supplies to heat homes and run the country’s industry in 2020, the foreign affairs and trade minister said in St. Petersburg after signing a new import deal with Russian officials.

“Hungary’s gas supplies from Russia have been secured by the agreements signed today,” Péter Szijjártó told the St. Petersburg International Economic Forum after meeting his Russian counterpart Sergey Lavrov and Industry and Trade Minister Denis Manturov. He also held talks with Energy Minister Alexander Novak and is later scheduled to meet Gazprom CEO Alexei Miller.
Hungary is set to receive two billion cubic metres of gas by the end of September, Szijjártó said. The two countries also signed an agreement under which Russia will next year send another two billion cubic metres of gas to Hungary via Austria, he added.
Szijjártó noted, however, that Moscow and Kiev had yet to sign a new gas transit deal for 2020. Because of this, he said, Hungary had to make sure to bring in Russian gas via Ukraine before the end of the year. He said cooperation with Russia was important for Hungary both in terms of foreign trade and energy security.