Russian gas exports to Hungary rise over 2018

Natural gas supplies from Gazprom to Hungary from Jan. 1 through June 5 totaled 4.3 billion cu m, a 57.5% increase vs. the same period last year. In addition to the contracted amounts, Hungary bought from Gazprom another 2 billion cu m of gas, which will be delivered this year.

Jun 11th, 2019
Content Dam Ogj Online Articles 2019 06 190611 Gazprom Hungary Map Final

Natural gas supplies from Gazprom to Hungary from Jan. 1 through June 5 totaled 4.3 billion cu m, a 57.5% increase vs. the same period last year. In addition to the contracted amounts, Hungary bought from Gazprom another 2 billion cu m of gas, which will be delivered this year.

The numbers were reported following a working meeting between Alexey Miller, chairman of Gazprom’s management committee, and Peter Szijjarto, Hungary’s minister of foreign affairs and trade. During the meeting—held at the St. Petersburg International Economic Forum 2019—meeting participants examined the current issues and prospects of their cooperation, putting a special focus on gas supplies.

Development of the Hungarian gas transmission system also was discussed. The Hungarian party expressed its intention to make sure that the gas that is planned to be supplied to Europe via the transit string of the TurkStream gas pipeline can be received by Hungary in the shortest possible time.

In 2018, Gazprom supplied to Hungary 7.6 billion cu m of gas, an increase of 9.3% from 2017.

In 2017, Miller and Szijjarto signed a roadmap to implement a number of measures aimed at developing Hungary’s gas transmission system.

More in Pipelines