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Foreign Minister to Meet With Gazprom over Long-Term Contracts

HUNGARY

LOCAL NEWS

  • Justice Min Varga says the "continuous power struggle" between the European Parliament and European Commission is not only politically detrimental, but will also undermine people's trust in EU institutions." Says "these conflicts make the EU's future hopeless"
  • Opposition DK Leader says they will "sweep from power" the currently ruling "robbers and traitors of the nation" at next spring's general election and to fight the current regime's "ambition to drive Hungary out of the EU" at the party's 11th congress in Budapest

Data/Events

  • Foreign Min to meet with Gazprom CEO to discuss a long-term (15Y) gas contract ahead of the expiry of the original deal this year.
  • FM Szijjarto says discussions will touch on price, flexibility and the fact that hungary will lose its status as a transit country, losing some of the revenues it has seen so far.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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