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Hungary Can Modify Gas Deal With Russia Without Consulting EC

NATURAL GAS

Hungary has negotiated to be able to modify its gas delivery deal adjustments without the need to consult the European Commission, Hungary's Foreign Minister Peter Szijjarto said.

  • "It was important for us that in this very bad proposal as a small achievement we got a free hand to modify (the contract). That is, we do not need to consult with the European Commission about modifications to the long-term contract (with Russia) if that becomes necessary in case of a price cap," Szijjarto said.
  • Szijjarto said that if the gas price cap was approved, Hungary would need to adjust its deal with Russia, which was open to a possible change.
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