Russia and Hungary

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Hungary manages to exclude pipeline oil from price cap

Hungary manages to exclude pipeline oil from price cap

During Tuesday’s meeting of EU representatives, Hungary managed to exclude pipeline crude from the proposed price cap on the Russian oil, Hungarian Foreign Minister Peter Szijjarto said. "A meeting of [EU] permanent …

Budapest: Europe has only Turkish Stream left

Budapest: Europe has only Turkish Stream left

Today, Hungarian Foreign Minister Péter Szijjártó stated that the only reliable source of Russian gas in Europe today is the Turkish Stream, leading from Turkey to Greece, Bulgaria, Hungary and Serbia. "It is …

Hungary ramps up gas purchases from Russia

Hungary ramps up gas purchases from Russia

The Hungarian Foreign Ministry said that Russia’s Gazprom began to supply gas above levels stipulated in the contract, the head of the Hungarian Foreign Ministry, Peter Szijjarto announced, following the results of negotiations in …

Hungary expects gas deal with Russia this summer

Hungary expects gas deal with Russia this summer

Hungary expects to sign a deal with Russia on additional gas shipments of 700 million cubic metres by the end of summer, Prime Minister Viktor Orban told state radio on Friday. "Hungary will have enough gas," Orban said. …

Hungary wants to increase Russian gas imports

Hungary wants to increase Russian gas imports

The Hungary’s Government would to increase natural gas deliveries from Russia, Foreign Affairs and Trade Minister Peter Szijjarto on Thursday. "I would to talk and agree today upon the increase in already available volumes of …

Hungary: 10 EU countries quietly buying gas with rubles

Hungary: 10 EU countries quietly buying gas with rubles

While multiple European leaders have publicly proclaimed they won’t buy Russian gas in rubles as Russian President Vladimir Putin has demanded, 10 EU countries are technically going along with Putin’s plan, Hungarian official Gergely …

Hungary agrees to pay for Russian gas in rubles

Hungary agrees to pay for Russian gas in rubles

Hungarian Foreign Minister Péter Szijjártó confirmed that his country will use the payment scheme put in place by Moscow to pay for its oil and gas.  "85% of our gas supply comes from Russia, and 65% …

Budapest not to back sanctions on Russian oil and gas

Budapest not to back sanctions on Russian oil and gas

Hungary will not support any sanctions on Russian oil and gas, Foreign Minister Peter Szijjarto said on Tuesday, reiterating the Hungarian government’s stance. Russian gas shipments to Hungary have been arriving without any …

Hungary discussing gas payments in rubles with Gazprom

Hungary discussing gas payments in rubles with Gazprom

Hungarian energy company MVM is discussing with Russian energy giant Gazprom the issue of making gas payments in the Russian currency, Russian Ambassador to Hungary Yevgeny Stanislavov said. "State energy company MVM, which …

Borrell: Gazprom-Hungary deal doesn't go against EU law

Borrell: Gazprom-Hungary deal doesn't go against EU law

The contract between Gazprom and Hungary for the supply of gas bypassing Ukraine does not go against European legislation, EU foreign policy chief Josep Borrell told Reuters. Ukraine is lobbying its Western allies to punish Russia …

Gazprom starts gas supplies to Hungary bypassing Ukraine

Gazprom starts gas supplies to Hungary bypassing Ukraine

On October 1, Gazprom began supplying gas to Hungary under the long-term contract, signed on September 27, through the Balkan Stream gas pipeline (a continuation of Turkish Stream) and pipelines in South-Eastern Europe. The holding said …

Russian FM to discuss Karabakh in Hungary

Russian FM to discuss Karabakh in Hungary

The situation in Karabakh will be among the issues to be discussed during the upcoming visit of Russian Foreign Minister Sergey Lavrov to Hungary, spokesperson for the ministry Maria Zakharova said at a briefing. According to …