City
Epaper

Hungary will have enough gas for the winter: Official

By IANS | Published: September 06, 2022 6:15 AM

Budapest, Sep 6 Hungary will have enough gas this winter to supply its households and economy, Tamas Menczer, ...

Open in App

Budapest, Sep 6 Hungary will have enough gas this winter to supply its households and economy, Tamas Menczer, state secretary of the Hungarian Ministry of Foreign Affairs and Trade, has said.

"Gas is flowing to Hungary, where people will be able to heat (their homes) during the cold (winter months), and the Hungarian industry and economy will remain functional," Menczer told the public television channel M1 on Monday.

He said the deal with Russian Gazprom, which had been brokered by Foreign Minister Peter Szijjarto, provides an additional 5.8 million cubic meters of natural gas per day for Hungary in September and October, Xinhua news agency reported.

While improving energy security in Hungary, the deal with Gazprom also marks a deviation from the strategy currently implemented by the European Union (EU), which has been seeking to rid itself of Russian gas dependence as soon as possible.

Szijjarto made a surprise visit to Moscow in July to discuss the purchase of an additional 700 million cubic meters of natural gas.

According to Menczer, about half of Europe's annual gas consumption of 400 billion cubic meters traditionally comes from Russia. "Therefore, whoever says that Russian gas can be replaced in the short term is simply not telling the truth," he said.

Speaking about the EU's plans to cap gas prices, he said the Hungarian government will scrutinize them to see if they are compatible with Hungarian interests.

Faced with rising energy prices, the Hungarian government has been forced to cancel the earlier general price caps for electricity and gas. A partial price cap has been retained for households, covering the "average" amount of energy consumption. Companies and households consuming above the government-defined average must pay market prices from August.

Last week, local press were quoting hotel and restaurant owners, small businesses and local governments warning about looming crises in the upcoming heating season due to the elevated energy prices.

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: Hungarian ministry of foreign affairs and tradeTamas menczerPeter szijjartoMoscowBudapestGazpromAramco oil pipelines coMoskva
Open in App

Related Stories

International“Working to Send Bodies to Relatives As Soon As Possible,” Says Indian Embassy After 4 Students Drown in Russia (See Tweet)

InternationalRussia: Four Indian Medical Students Drown in River Near St Petersburg

InternationalAbdullah bin Zayed, Hungarian FM Discuss Fallout of Growing Regional Tensions

InternationalMoscow Crocus City Hall Attack: Handlers Promise Money and Escape Routes Plan Into Ukraine for Attackers, says FSB

InternationalRussia’s Murmansk Governor in Serious Condition Afterwards Being Stabbed in Stomach

Politics Realted Stories

NationalPM Narendra Modi Meets Veteran BJP Leader LK Advani in Delhi Before Staking Claim As Prime Minister for Third Time (Watch Video)

PoliticsShiv Sena (UBT) Claims Several Shinde Sena MLAs Seeking Re-entry; Outlines Condition for Accepting Rebels

NationalKangana Ranaut's 2020 Post on Farmers Protest Resurfaces Amid Alleged Slap Incident by CISF Officer

NationalBJP's Shehzad Poonawalla criticizes Congress, AAP Alliance, Dubs It As 'Selfish friendship'

Politics'Getting Lot of Calls, Will Reveal in Time': NCP (SP) Leader Jayant Patil on Reports That Ajit Pawar's MLAs Coming Back