Tag Archives: Hungary

Russia’s Gazprom will supply more gas to Hungary and China during the winter, CEO Alexei Miller told Russian media, as cited by Reuters. The update comes on the heels of another report that said Gazprom was working on expanding its gas export infrastructure to China. The Hungary and China updates …

Turkey on Wednesday said it was ready to assist Hungary with natural gas delivery via the Trans-Anatolian Natural Gas Pipeline (TANAP). “We, (Turkey) together with Azerbaijan, are ready to provide all means of support in the delivery of natural gas to Hungary via TANAP,” President Recep Tayyip Erdogan said at …

Hungary is once again threatening to water down the European Union’s sanctions regime against Russia by insisting that nine people be removed from a list of restrictive measures imposed on more than 1,300 individuals and 170 entities during several rounds of action in the wake of Moscow’s invasion of Ukraine. …

Hungary is planning to receive the supply of ‘green’ electricity from Azerbaijan, Trend reports via Minister of Foreign Affairs Peter Siatro’s Facebook page. According to him, the current situation clearly shows the importance of exploring new energy sources and integrating them into the supply. “One of the most important partners …

Russia’s Gazprom has ramped up flows to Hungary via the TurkStream pipeline that brings gas to Hungary via Bulgaria and Serbia, a Hungarian foreign ministry official said on Saturday (13 August). European Union member Hungary has maintained what it calls pragmatic relations with Moscow since Russia’s invasion of Ukraine, creating …

Hungary said Saturday that Russia has started delivering additional gas to the EU member following a July visit to Moscow by its foreign minister. Hungary’s Foreign Ministry said trade negotiations with Moscow “led to an agreement”, resulting in Russia’s Gazprom starting to deliver “above the already contracted quantities” on Friday. …

The Hungarian foreign minister says Iran’s more forceful return to the global energy markets will serve the interests of all countries. Péter Szijjártó, in a phone conversation with his Iranian counterpart Hossein Amirabdollahian, stressed that the issue of energy is vital for Europe and the world, thanking Iran for caring …

Hungarian Foreign Minister Peter Szijjarto has ruled out the prospect of a Russian gas ban in the European Union’s next package of sanctions, calling it “impossible”. Landlocked Hungary is overwhelmingly dependent on Russian hydrocarbons. Szijjarto’s comments come as Russian President Vladimir Putin says he believes the West will not be …

Serbia can use Hungary’s facilities to store 500 million cubic metres of gas to secure a steady supply during winter according to an agreement reached between both states in Budapest Wednesday. “We’ll start filling the storage by the end of June. Serbia will be able to withdraw three million cubic …

Hungary told its European Union counterparts that it will cost at least 770 million euros ($810 million) to revamp its oil industry as they wrangle over potential sanctions that would target Russian supplies. Prime Minister Viktor Orban’s government said 550 million euros were needed to overhaul its refineries to comply …