Both September deliveries of heating rods have arrived in Hungary, with the Russian manufacturer completing the second delivery by air, making a detour this time through Baltic and northern European...
Tamás Menczer said under a recent agreement Russia’s Gazprom would deliver up to a daily maximum of 5.8 million cubic meters of gas on top of contracted volumes in September...
Suppliers are able to meet all household and market demand, while talks concerning further purchases are underway, aimed at increasing strategic reserves.
The quarter of strategic crude reserves and MOL reserves would only satisfy a portion of domestic needs, so the rest must be covered by expensive imports.
The European Union’s proposal aimed at reducing gas consumption is “unfounded, cannot be implemented and fully disregards the Hungarian people’s interests”.
Hungary imports roughly 30 million cubic meters of gas each day, more than half of which is delivered via the southern route passing through Turkey, Bulgaria and Serbia.
Hungarian-Greek cooperation will also have an important part to play in managing the global crises stemming from the war in Ukraine.
Deliveries from the south are uninterrupted, with Hungary receiving a daily 9.4 cubic metres of gas via Turkey, Bulgaria and Serbia.
Minister Szijjártó noted serious tensions in international politics which he partly attributed to energy supply disruptions.
MEKH said that there were 1.6 billion cubic meters of gas in Hungary’s underground stores, just over 25 percent of capacity, by mid-May.
Hungary can pay for Russian gas as required by the supplier without violating sanctions by Brussels.
10 million cubic meters of natural gas are arriving daily in Hungary from the south via the Turkey-Bulgaria-Serbia route, the minister of foreign affairs and trade said on Facebook on Sunday.
National energy and utility regulator MEKH said gas supplies to Hungary are uninterrupted, with cross-border pipelines forwarding the usual quantities in both directions.