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Hungary expects to receive 6.2 billion m3 of Russian gas in 2021

Hungarian Foreign Minister said that Hungary and Russia have agreed to extend a long-term gas supply contract set to expire in October 2021.

Hungary expects to receive 6.2 billion m3 of Russian gas in 2021

Moscow, January 25 - Neftegaz.RU. Foreign Minister Peter Szijjarto met in Russia Deputy PM Alexander Novak, Minister of Energy Nikolai Shulginov, Foreign Minister Sergey Lavrov, Gazprom CEO Alexey Miller and Rosatom General Director Alexey Likhachev.

For Gazprom, Hungary is a crucial market.
A. Novak said:
  • Russia remains one of the largest suppliers of natural gas to Hungary and traditionally fulfills its contractual obligations to our foreign partners.
Miller and Szijjarto discussed the state and prospects of their cooperation in the gas sector.
Specifically, attention was paid to Russian gas supplies.
In 2020, Hungary imported 8.6 billion m3 of gas.
This is the 2nd-largest amount in the last 12 years.
In 2019, Gazprom exported an estimated 9.3 billion m3 of gas to Hungary.

Szijjarto also informed Miller about the current status of the expansion of Hungary’s gas transmission system:
  • Hungary has reached a political agreement with Russia on the continuation of gas deliveries after its long-term contract expires in October 2021.
  • a 15 km pipeline - interconnector between the gas networks of Hungary and Serbia would be completed by October 2021, allowing the delivery of 6 billion m3 of gas annually from the south.
Foreign Minister Péter Szijjártó said after talks with Sergei Lavrov, his Russian counterpart:
  • Hungary is purchasing 2 million doses of Russia’s Sputnik V vaccine, sufficient to inoculate 1 million people.
To read the full story in Russian.

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