Hungary to Increase Imports of Russian Gas by 600,000 Cubic Meters

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Hungary plans to increase its imports of Russian gas by 600,000 cubic meters per year, the country’s foreign minister, Peter Szijjarto, said Wednesday.

People have their photo taken next to the first section of the Gazprom South Stream natural gas pipeline in the town of Sajkas, 80 kilometers (50 miles) north of Belgrade, Serbia, Sunday, Nov. 24, 2013 - Sputnik International
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BUDAPEST (Sputnik) – He reminded that Russia and Hungary had prolonged their long-standing gas contract, which was expected to expire last year. Hungary will get 25 million cubic meter of gas under the new contract, he said.

"Last year, we got 6 billion [cubic meters of gas], if this course remains we will guarantee our energy security in terms of gas supply. Respecting business secrets, I can say that pricing structure for Hungary changed very positively and because of that we signed an agreement that… we will purchase 600,000 cubic meters more," Szijjarto told reporters.

The contract was extended until the end of 2019 during talks between Russian President Vladimir Putin and Hungarian Prime Minister Viktor Orban in Moscow in February.

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