Sanctions?We want to buy more

According to Reuters on July 29, Hungarian Prime Minister Olban Victor said on Friday that Hungary is expected to sign a contract with Russia before the end of this summer to increase the purchase of 700 million cubic meters of natural gas.

Picture Source: Report Screenshot

It is reported that on the basis of the existing natural gas supply agreement, Russia and Hungary have previously been negotiating around future supply contracts.

Olban told the National Radio on Friday: "Hungary will have enough natural gas. We are negotiating with the Russians to increase the purchase of 700 million cubic meters of natural gas. This transaction can be signed in the summer, and then we will be safe. "

Reuters quoted data from the European natural gas infrastructure information platform (GAS Infrastruction EUROPE) that the current level of natural gas reserves in Hungary is about 50%, accounting for 29%of its annual consumption.

It is reported that since the conflict between Russia and Ukraine, the EU member states Hungary have maintained a pragmatic relationship with Russia, which has led to the tension between some EU countries and Hungary that adopted a tougher stance on Russia. About 85%of natural gas imported from Hungary came from Russia, and resolutely opposed the EU's proposal to impose sanctions on Russia's natural gas imports.

According to a 15 -year contract signed with Russia's Energy Corporation last year, Hungary can obtain 3.5 billion cubic meters of Russian natural gas through Polaria and Serbia pipelines every year, and obtains 1 billion cubic meters of Russian natural gas through Austrian pipelines.

On July 13, Hungarian Prime Minister's Office Guysh Gargie said that Russia and Ukraine's conflict with the European Union's sanctions on Russia led to a sharp rise in European energy prices and caused the energy crisis in most European areas. In order to protect Hungarian families and ensure energy supply, the Hungarian government decides that the state enters the state of energy.

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