City
Epaper

Hungary to purchase additional 700 million cubic meters of Russian gas in Summer: Orban

By ANI | Updated: July 29, 2022 16:15 IST

Hungary plans to purchase an additional 700 million cubic meters of gas from Russia during the summer, Prime Minister Viktor Orban said on Friday.

Open in App

Hungary plans to purchase an additional 700 million cubic meters of gas from Russia during the summer, Prime Minister Viktor Orban said on Friday.

"We are negotiating with the Russians to buy an additional 700 million cubic meters of gas. This agreement, in my opinion, we will be able to reach during the summer. And then we will be completely fine," Orban said in a statement.

Earlier in March, Hungarian Finance Minister Mihaly Varga said that Hungary will not support the expansion of anti-Russian sanctions in the energy sector as this would threaten both the national currency and the welfare of Hungarians.

"The Hungarian Forint is also a victim of the Brussels sanctions. Sanctions already mean a serious threat to the Hungarian economy. The expansion of sanctions into the energy sector means the biggest threat to the Forint and the Hungarian people. Whoever asks for the expansion of sanctions wants to make the Hungarian people pay the price of the war. The Hungarian government will not support such a move in any international fora," Varga said in a video message published on Facebook.

On February 24, Russia launched an operation in Ukraine after the breakaway Donbas republics appealed for help in defending themselves against the Ukrainian military. In response, Western nations have rolled out a comprehensive sanctions campaign against Moscow. (ANI/Sputnik)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Mihaly VargaBrusselsMoscowViktor OrbanFacebookFacebook connectivityAfter facebookNl salviCs - connectivityBrussels capital regionWhatsapp facebook
Open in App

Related Stories

BusinessMukesh Ambani’s Reliance Industries Share Price Jump Over 2% as Facebook Acquires 30% Stake in AI Venture

TechnologyMeta Layoffs: Facebook-Owned Firm to Cut 600 Employees From AI Unit

TechnologyCyber Crime Alert: How WhatsApp and Facebook Can Protect Your Money and Data from Scammers

TechnologyFacebook Down? Meta-Owned Website Not Loading for Some Users, Displays Message 'HTTP ERROR 500'

TechnologyMeta’s New Subscription Model: A Tough Sell for India?

International Realted Stories

InternationalBangladesh in fiscal mess due to massive debt burden: Report

InternationalBharat Solar Yatra launches official website to boost India's clean energy transition

InternationalChina lashes out at Philippines over joint drills with US, Japan

InternationalUAE marks International Day for Tolerance, reinforces global role in promoting moderation

InternationalDubai Supreme Council of Energy steps up LPG inspection campaign