Péter Szijjártó spoke about the Russian gas contract and oil purchase plans

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By RockedBuzz 3 Min Read

The Hungarian Minister of Foreign Affairs and Trade visited the Russian Energy Week occasion in Moscow yesterday, from the place he sharply criticized the plan to considerably enhance the worth of Bulgarian gas transit, and he indicated to the TASZSZ on this regard, in line with reviews, that is happy with the Hungarian-Russian long-term gas purchase contract concluded in 2021and may also acquire the needed portions from different sources, resembling an LNG terminal.

When requested whether or not Hungary is negotiating with Russia to extend gas deliveries, he answered:

In truth, our contract is passable. According to our long-term contract, 4.5 billion cubic meters [gázmennyiséget kapunk évente].

He additionally indicated to the Russian information company that Hungary doesn’t plan to cut back Friendship II. the purchase of Russian crude oil delivered through pipeline, regardless of the indisputable fact that Ukraine has considerably raised the transit charge twice in current months, most just lately to 21 euros/ton, which is about 3.5 occasions the worldwide benchmark worth. According to the report, he answered the query about the discount as follows:

We haven’t any such intentions. We at all times want diversification, however we’d like a strong basis for that. And this may solely come from Russia, it’s a bodily truth.

Szijjártó additionally admitted that the enhance in tariffs for oil transport via Ukraine is just not excellent news for Hungary. “Since the pipeline passes via the territory of Ukraine, we rely on their choices. We hope that no choices shall be made relating to additional will increase,” remarked the Hungarian international minister.

According to him, Hungary expects that Friendship II will obtain about 4 million tons of oil from Russia till the finish of 2023. via a crude oil pipeline.

Source of canopy picture: Péter Szijjártó’s Facebook web page. The Hungarian Minister of Foreign Affairs and Trade and the delegation will maintain talks with Alexander Novak, the ministers liable for vitality and Gyenyisz Manturov, and the deputy prime ministers, on October 13, 2023 in Moscow.

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