Supported byClarion Energy
HomeSEE Energy NewsHungary, Country is...

Hungary, Country is seeking new, 15-year natural gas supply agreement with Gazprom

Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto said that Hungary is seeking new, 15-year natural gas supply agreement with Gazprom, adding that the talks with the Russian company are in the final stage.

Minister Stijjarto expressed hope that the country will sign a favorable 15-year gas supply agreement this autumn. He added that the price and flexibility of the new agreement with Gazprom would be discussed next week in Russia.

The long-term (26 years) gas supply agreement between Russia and Hungary expires this October.

 

 

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Hungarian power prices surge as weak wind drives Southeast Europe higher

Hungarian electricity prices jumped nearly 12% for Tuesday delivery, driving a broader increase across Southeast Europe as a sharp decline in forecast wind generation and higher electricity demand increased the region’s reliance on imports, while German power prices moved...

Solar growth in Hungary leaves businesses exposed to imported power costs

Hungary’s rapid increase in solar generation has not eliminated reliance on imported electricity, according to economic research institute GKI. The institute said the outcome leaves companies exposed to higher power costs when domestic renewable output drops. The assessment points...

Hungary stockpiles 4.8 billion cubic metres for a 96-day winter gas buffer

Underground inventories ahead of the heating season Hungary has accumulated more than 4.8 billion cubic metres of natural gas in underground storage facilities, enough to cover approximately 96 days of total winter demand. The Ministry of Economy and Energy says...
Supported byVirtu Energy