Hungary says Russian state energy company Gazprom had agreed, if needed, to import quantities of natural gas beyond the amounts agreed to in the last long-term contract
Hungary signed new agreements Tuesday to ensure its continued access to Russian energy, a sign of the country’s continuing diplomatic and trade ties with Moscow that have confounded some European leaders amid the war in Ukraine.
The price of the gas, which would reach Hungary through the Turkstream pipeline, would be capped at 150 euros per cubic meter, Szijjarto said, part of an agreement that will allow Hungary to pay down gas purchases on a deferred basis if market prices go above that level. The Hungarian government has lobbied heavily in the EU to be exempted from any sanctions imposed on Russian gas, oil or nuclear fuel, and also has threatened to veto proposed EU actions against Moscow.
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