Hungary, Government has signed an agreement with Gazprom to increase the volume of gas deliveries

, SEE Energy News

The Hungarian Government has signed an agreement with Russian gas company Gazprom to increase the volume of gas deliveries, the maximum level being increased to 5.8 million cubic meters per day, more than double the import in August.

Minister of Foreign Affairs and Trade Peter Szijjarto said that agreement on additional gas volumes was signed for September and October.

In addition, the two sides have agreed that this additional amount of gas will come from the south, through the TurkStream gas pipeline, and further via Bulgaria and Serbia.

Thus, Hungary, which in August imported 2.6 million cubic meters of gas from Russia, will be able to import, starting from 1 September, up to 5.8 million cubic meters per day.

He also said that Hungary is in a good position in terms of gas storage capacity, which stands at 36.5 % of consumption, compared to an average of 21.5 % on the EU level. However, Hungary’s geographical location and the position of its pipelines make it necessary to purchase Russian gas, adding that it would be impossible to guarantee his country’s stable energy supply without Russian gas.