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Free AccessHungary Seek Increased Supply From Russia
Hungary will continue talks to boost natural gas imports from Russia, Foreign Minister Peter Szijjarto said on Monday.
- Hungary is looking for increased supplies from Gazprom from September.
- Szijjarto met with Sergei Lavrov in Moscow last month seeking for an increase of 0.7bcm of gas in addition to an existing long term deal.
- The existing 15 year deal signed last year is for 3.5bcm per year via Bulgaria and Serbia and 1bcm via Austria.
- Hungary aim to come to an agreement with Gazprom in the coming days.
To read the full story
Sign up now for free trial access to this content.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.