Russia boosts gas supply to EU country — RT Business News

Russian energy giant Gazprom has boosted gas supplies to Hungary through the TurkStream gas pipeline, a Hungarian official confirmed on Saturday.

According to State Secretary at the Ministry of Foreign Affairs, Tamas Menczer, the Russian company increased its flows to Hungary by 2.6 million cubic meters per day from Friday and for the rest of August. Additional supplies are delivered through the TurkStream gas pipeline which carries gas to Hungary via Serbia.

“The Hungarian government had previously decided to purchase some 700 million cubic meters of natural gas in addition to the volumes already contracted,” the manager posted on his Facebook account.

Menczer added that the country is currently in talks with Moscow about additional volumes for September.

Hungary, which is about 85% dependent on Russian gas, is trying to build up its reserves ahead of the cold season. Budapest has strongly opposed calls for the introduction of EU sanctions on imports of Russian gas. The country’s prime minister, Viktor Orban, also managed to secure an exemption from the bloc’s sanctions on imports of Russian crude oil.

EU gas rationing plan will not succeed – The Economist

Hungary and Poland refused to back the EU rationing plan to cut gas consumption by 15%.

Under an agreement signed with Gazprom last year, Hungary receives 3.5 billion cubic meters of gas per year via Bulgaria and Serbia, and an additional 1 billion cubic meters via a pipeline from Austria.

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